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Home - Solar Industry - Letter from China’s PV Industry: Wafer Prices Fall Due to Weak Demand
Solar Industry

Letter from China’s PV Industry: Wafer Prices Fall Due to Weak Demand

solarenergyBy solarenergyMarch 13, 2026No Comments2 Mins Read
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The China Nonferrous Metals Industry Association (CNMIA) said polysilicon and wafer 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 ($6,240).

March 13, 2026
Emiliano Bellini

The CNMIA mentioned polysilicon prices continued to decline this week, with n-type refeed and dense polysilicon falling by 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 wafer price support.

PowerChina said its Abu Dhabi branch and subsidiary East China Engineering Consultants Ltd. have 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 has 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.

JinkoSolar has signed a strategic Memorandum of Understanding with Australian PV distributor Blue Sun Group for 2 GW of Tiger Neo 3 modules, achieving more than 1 GW of deliveries over the past three years. The two companies said they want to expand the Australian distributed solar market from JinkoSolar’s new headquarters in Sydney.

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