Chinese PV Industry Brief: Wafer prices fall on weak demand
AI Analysis
Summary
The China Nonferrous Metals Industry Association (CNMIA) says polysilicon and wafer prices continued to fall this week, with n-type re-feed and dense polysilicon down 6.39% and 6.42% to an average of CNY 45,200/ton ($6,240).
<p class="p1"><span class="s1">The China Nonferrous Metals Industry Association (CNMIA) says polysilicon and wafer prices continued to fall this week, with n-type re-feed and dense polysilicon down 6.39% and 6.42% to an average of CNY 45,200/ton ($6,240).</span></p><p><strong>The <a href="https://www.pv-magazine.com/2026/02/27/chinese-pv-industry-brief-polysilicon-prices-slide-amid-low-operating-rates/" rel="noopener" target="_blank">CNMIA</a></strong> said polysilicon prices continued to decline this week, with n-type re-feed and dense polysilicon falling 6.39% and 6.42% to an average of CNY 45,200/ton, while n-type granular polysilicon averaged CNY 44,000/ton. Wafer prices also fell, including n-type G10L at CNY 1.03 per piece, G12R at CNY 1.12 and G12 at CNY 1.33, as weak downstream demand and falling polysilicon costs reduced support for wafer pricing.</p>
<p><a href="https://www.pv-magazine.com/2025/12/15/chinese-pv-industry-brief-powerchina-launches-31-gw-solar-procurement/" rel="noopener" target="_blank"><strong>PowerChina</strong></a> said its Abu Dhabi branch and subsidiary East China Engineering Consultants Ltd. signed an engineering, procurement and construction (EPC) contract with Abu Dhabi Future Energy Co. (Masdar) for a 2.1 GW solar-plus-storage project in the Mshayrif area. It features 2.1 GWp of PV capacity and 7.75 GWh of battery storage, with a contract value of CNY 13.962 billion. Completion is expected 21 months after notice to proceed.</p>
<p><a href="https://www.pv-magazine.com/2025/11/27/jinkosolar-achieves-world-record-efficiency-of-27-79-for-topcon-solar-cell/" rel="noopener" target="_blank"><strong>JinkoSolar</strong></a> has signed a strategic memorandum of understanding with Australian PV distributor Blue Sun Group covering 2 GW of Tiger Neo 3 modules, expanding on more than 1 GW of deliveries over the past three years. The two companies said they aim to expand Australia’s distributed solar market from JinkoSolar’s new Sydney headquarters.</p>