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Home - Solar Industry - Chinese PV industry Letter: Polysilicon -Price dropped this week by another 6.27%
Solar Industry

Chinese PV industry Letter: Polysilicon -Price dropped this week by another 6.27%

solarenergyBy solarenergyJune 24, 2025No Comments3 Mins Read
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The China Nonferrous Metals Industry Association (CNMIA) says that the prices of Polysilicon fell as low this week as $ 4.74/kg, with only 11 producers who are currently working with a reduced capacity.

June 24, 2025
Vincent Shaw

Polysilicone prices continue to fall, according to the Silicon branch of the Nonferrous Metals Industry Association from China (CNMIA), Average transaction prices for N-type Dense Polycrystalline Raw material dropped to CNY 34,400/Ton ($ 4,740), a decrease of 6.27% week on week. N-type grainy silicon also fell by 2.9% to CNY 33,500/ton. P-Type Polysilicon did not register bulk transactions. From this week, 11 Polysilicon producers remain operational, all under reduced taxes. Some capacity will be resumed in June, which increases the monthly output expectations by approximately 8% from May by approximately 8%. Furthermore, the waffle prices continued to mitigate. N-type G10L waffles fell by 3.23% week by week to CNY 0.90/piece, while G12R and G12 waffles fell to CNY 1.04 and CNY 1.25 respectively. Prices for solar cells and modules kept stable at CNY 0.24-0.25/W and CNY 0.66-0.67/W. However, the electricity demand remains lukewarm, which indicates the continuous price pressure on waffles in the short term.

Datang Corporation Unveiled nominated candidates for his centralized inverter -purchasing 2025–2026. The tender, split into two segments of a total of 16 GW, includes 14 GW String -Omvolers and 2GW central inverters. Huawei, Zhuzhou Converters Technology and Sungrow were named after the first, while Zhuzhou and TBEA were selected for the latter.

Aiko Solar published a feasibility report on the use of the yield of the upcoming private supply placement, with looking for CNY 3.5 billion ($ 482 million). Around CNY 3 billion will be assigned to the sixth phase of his N-type ABC Crystalline Silicon Solar Cell Plant in Yiwu, Zhejiang. The facility, with a designed capacity of 15 GW based on its N-type ABC cell technology, is part of Aiko’s wider plan to extend ABC module capacity to 35 GW towards the end of 2025. Currently installed capacity is approximately 20 GW.

See also  Letter from China's PV Industry: Hoshine Silicon Posts $411 Million Loss for 2025

Grand Sunergy announced on 21 June that his Tier-Twee subsidiary, Anhui Grand Sunergy Tech, signed a large contract with CGN Power for module Supply under CGN’s 2025 Solar Equipment Framework. The deal is appreciated on CNY 1,0425 billion and covers approximately 1.5 GW heterojunction (HJT) modules.

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