TAIWAN: According to EnergyTrend, TrendForce’s green energy research division, there is a division among current spot market price trends – solar cell and module prices have ceased falling and stabilized, while polysilicon and Si wafer prices are showing signs of an uptrend.
As for the contract price trend in 2012, there has been talk of polysilicon and Si wafer price increases, but currently buyers and vendors are not seeing eye to eye on the matter. Related manufacturers indicate the market trend for 2012 is unclear, which does not generally favor price increases. Therefore, EnergyTrend believes it is unlikely that contract price will see an increase in 2012.Source: EnergyTrend, Taiwan.
This week’s polysilicon price increased significantly, with highest spot price approaching $28/kg and lowest price at $20/kg. EnergyTrend believes that the wide range is attributable to the gradual increase of high efficiency Si wafer demand, which has pulled polysilicon price up as well.
On the other hand, with clients demanding higher quality, some polysilicon makers are unable to provide clients with products that fulfill their requirements, and can only target the standard market by offering lower prices.
This week’s Si wafer price also saw a slight increase. According to EnergyTrend research, currently downstream solar cell clients are focusing on proprietary high efficiency products. Some top-tier makers are even focusing all product planning for 2012 on high efficiency products.
Furthermore, as some Si wafer manufacturers as unable to increase high efficiency product capacity and the yield rate, high efficiency products and standard products currently have a price gap of approximately $0.2/piece. The high efficiency wafer demand increase is the cause of this week’s slight price increases.
As for contract price, vendors are slightly more straightforward. Currently, a major manufacturer located in Asia has quoted a price of approximately $30/kg for polysilicon price in 2012.
In terms of Si wafers, related vendors indicate that the target average contract price for 2012 will be $1.2/piece. This represents a price gap of 10 - 20 percent between standard and high efficiency products. As for buyers, related vendors indicate that the European market price has not improved, inventory has not yet been cleared, and cost has not been transferred to the client-end. Thus, the overall situation is not conducive to a price increase.
As for this week’s spot prices, polysilicon and Si wafer prices are showing an uptrend, with increases around 1 percent. Lowest polysilicon price remained at $20/kg, while polysilicon ASP increased by 1.77 percent to $24.21/kg.
As for Si wafers, lowest multi-Si wafer price was $0.8/piece – however, vendors indicate this price is for European products that only considered under special circumstances. Lowest mono-Si wafer price remained at $1.48/piece.
This week’s multi-Si wafer ASP was $1.14/piece, an increase of 1.79 percent, mainly due to the price increase of high efficiency products. Mono-Si wafer ASP remained the same at $1.570/piece. Solar cell ASP remained at $0.505/Watt.
However, looking at it in detail, high efficiency products were $0.55-0.65/Watt, while standard product price was $0.49-$0.53/Watt, a price gap of 13-22 percent.
EnergyTrend believes, for Si wafer and solar cell makers currently in the red, successful mass production of high efficiency products will be the key to whether makers gain a competitive edge or not next year – manufacturers unable to produce high efficiency products will face a severe challenge in 2012.