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 China Mono Premium, the OPIS assessment for mono-grade polysilicon used in N-type ingot production, fell 2.12% week on week to CNY 32.286 ($4.75)/kg, or CNY 0.068/W, according to the OPIS Global Solar Markets Report released on July 7.
According to market participants, a leading polysilicon producer recently concluded sales agreements with a key downstream customer at about CNY 32/kg. The deal has since become the benchmark for subsequent negotiations involving genuine downstream demand, with most transactions referencing this price level. Smaller suppliers, however, have generally been negotiating at discounts below the benchmark to secure orders.
Industry participants broadly agreed that China’s polysilicon sector has once again entered a phase of increasing production. According to the Silicon Branch of the China Nonferrous Metals Industry Association (CNMIA), domestic output is expected to reach approximately 93,000 MT in June, up from around 85,000 MT in May. Market sources expect production to continue rising over the next two months, potentially pushing monthly output above 110,000 MT by August.
