Data from the Silicon Industry Branch published this week (8 May) indicated that Chinese PV wafer prices have been under downward pressure and witnessed a significant decline, with the maximum drop reaching 13.85%.
Prices of all upstream PV products such as silicon wafers and silicon ingots increased recently, but downstream module prices continued to decline and reached new lows.
On April 12, the Silicon Industry Branch announced the latest solar-grade polysilicon prices, which were between RMB190-200/kg on average, with the lowest price set at RMB180/kg (US$26.2/kg).
Silicon prices have marginally increased in the last week, according to the latest figures from the Silicon Industry Branch of China Nonferrous Metal Industry Association published on 15 February.