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 Aug. 11, Free-On-Board (FOB) China M10 and 210R wafer prices were unchanged week on week at $0.121/pc and $0.134/pc, respectively.
Wafer prices held steady this week as market participants closely monitored early signs of stabilization in the polysilicon market following an Aug. 7 joint initiative by major Chinese producers.
Months of policy efforts targeting low-price competition and overcapacity culminated in the initiative, under which eight major Chinese polysilicon producers—accounting for over 90% of national capacity—pledged strict adherence to full-cost sales requirements and energy-consumption standards, according to the Silicon Branch of the China Nonferrous Metals Industry Association.
Under the initiative, manufacturers pledged to calculate cash, production and full costs in line with the China Photovoltaic Industry Association’s push for a standardized production-cost benchmark across the sector. Signatories also committed to voluntarily phasing out inefficient, energy-intensive capacity under newly enacted national energy-consumption limits.
