Solar Component Prices Steady Near Year-End, Jefferies Says

MT Newswires Live12-18

Solar component prices remained largely stable in the final weeks of 2024, Jefferies said in a Monday note.

For polysilicon, P/N-type poly prices held steady at 33.1/40.3 yuan per kg last week, while output fell slightly in November, according to data from SIA.

Polysilicon production may decline 20% month over month in December due to a large reduction in utilization rate, but gradual destocking efforts should keep pressure on prices, Jefferies said.

Meanwhile, wafer prices remained firm, with M10/G12 P-type wafer quotes at 1.10/1.66 yuan per cc.

Wafer output fell 4.91% month over month in November, although wafer prices should be stable in the short term given low utilization rates.

Cell prices saw mixed movements, with G12R TOPCon prices edging down to 0.265-0.270 yuan/W due to oversupply and M10L TOPCon cell prices leveling at 0.28 yuan/W.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment