Market Chatter: China Solar Majors Raise Prices in Japan on Withdrawal of Government Support for Exports

MT Newswires Live04-08

Jinko Solar (SHA:688223) and other major Chinese solar panel makers increased their prices in Japan to cover for higher materials costs and government support cuts, Nikkei Asia reported Wednesday.

The world's largest solar panel maker raised their prices in line with China's removal of support for exports.

LONGi Green Energy Technology (SHA:601012), the world's second-biggest manufacturer, as well as Trina Solar (SHA:688599), the world number four maker, increased prices, the report said.

CSI Solar (SHA:688472) parent Canadian Solar boosted its prices by 20%, the report said.

More than 80% of Japan's solar panels are China-made, according to the paper.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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