In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
The Chinese Module Marker (CMM), OPIS’ benchmark assessment for TOPCon modules FOB China, held steady at $0.113/W this week, with spot price indications ranging between $0.110/W and $0.117/W, according to the OPIS Global Solar Markets Report released on June 30.
However, sentiment for forward deliveries weakened, with prices for Q4 2026 and 2027 cargoes edging lower as expectations for second-half demand softened and upstream cell and wafer prices continued to decline. FOB China forward prices for Q4 2026 cargoes fell 0.88% week on week to $0.113/W, while Q1-Q3 2027 cargoes declined by 0.87% to $0.114/W.
Several manufacturers told OPIS that many overseas buyers had already secured a significant portion of their procurement requirements ahead of China’s cancellation of export tax rebates for solar PV products on April 1, limiting near-term purchasing interest.
A source at a top-10 Chinese module manufacturer said visibility for new distributed solar orders in the second half of the year remains limited and demand is expected to weaken.
