China’s polysilicon price finally stabilised this week, according to the Silicon Industry Branch of the China Nonferrous Metals Industry Association, following several long-term contracts being signed, helping to reduce market volatility in the short-term.
Polysilicon prices will likely continue rising throughout 2022 and only soften towards the very end of the year, driven by unfaltering demand and panic buying.
Last week saw yet another price increase from some of the solar industry’s largest manufacturers, continuing a trend that has placed some of the sector’s largest providers under heightened margin pressure and PV project developers the world over under strain.
Solar wafer prices have continued rise this week, with the latest pricing indications in China contributing towards a price increases of between 10.8 – 14.4% since the start of the year.
Delays in the shipping industry have likely peaked already, with the turnaround time for containers likely to fall month after month moving further into 2022. While the price of moving containers from China to Europe and the US remains very high, they have come down slightly since last year.
In this latest edition of PV Price Watch, Liam Stoker plots recent industry price forecasts for polysilicon throughout 2022 and explores the contributing factors to that normalisation.
European solar power purchase agreement (PPA) prices can be expected to level off this year following a turbulent end to 2021 as the market undergoes a shift in the balance of power to the seller side.
Solar wafer prices have experienced a slight increase in price since the middle of last week after an earthquake struck Qinghai earlier this month, disrupting production.
