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.
According to the OPIS Global Solar Markets Report released on July 14, Free-On-Board (FOB) China M10 and 210R wafer prices declined to $0.130/pc and $0.141/pc, respectively, representing week-on-week decreases of 0.76% and 1.40%.
According to market participants, the wafer market continued to face mounting pressure as abundant supply, weakening downstream demand and softer polysilicon prices added to downward price pressure. Against this backdrop, wafer prices recorded another modest decline.
With the exception of one leading cell manufacturer, most cell producers have reduced operating rates to varying degrees since the beginning of July, according to one market participant. The cuts have further widened the imbalance between wafer supply and downstream consumption.
Supply is also expected to remain elevated. Following China’s wafer output of nearly 55 GW in June 2026, industry participants estimated that July production would increase by approximately 5%. In addition, market sources said a Chinese-owned wafer plant in Southeast Asia had recently resumed production after being idled by financial difficulties and unfavorable international trade policies.
