LONGi raises prices of G1, M6 wafers as supply chain hurdles continue

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After increasing its 182mm wafer price earlier this month, LONGi has increased its smaller wafer sizes this time. Image: LONGi.

Solar manufacturer LONGi has revised the price of its G1 and M6 p-type wafers in its fifth price revision so far this year, taking prices to a near five-month high.

Prices for its G1 166mm and M6 158.75mm have increased to RMB5.55 (US$0.87) and RMB5.35 per piece respectively. Prices for the manufacturer’s 182mm wafers have, however, remained unchanged at RMB6.7.

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Prices for LONGi’s smaller silicon wafers have steadily risen since last year’s price ranging from RMB4.56-RMB3.65 to the current RMB6.7-5.35, nearing a five month peak as the interactive chart below shows.

Moreover, logistic disruptions are starting to occur in China due to an increase of Covid-19 cases in some regions.

The last time the wafers price were so high was last October, when polysilicon prices had also increased on the back of so-called double controls over power prices in China. The average polysilicon price, including China’s 20% sales tax, reached highs of RMB269/kg in late November but started falling in late December until the beginning of January to RMB230/kg.

Polysilicon prices in March have stayed steady at RMB240-246/kg, with supply remaining stable this month, according to PV InfoLink.

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