Outside China, Chinese 2nd and 3rd module makers are still doing price competition in the US, EU, Japan and the emerging countries and then force some major Chinese solar panel makers to follow. Moreover, some Asian new entrants are expanding their panel business recently to Europe, the US and Japan

Solar panel prices perform another drop this week, although it is quiet and stable in China. Chinese solar panel makers are taking their long vacation these two weeks for Lunar New Year holiday so as to have limited transactions and price change in China. However, outside China, Chinese 2nd and 3rd module makers are still doing price competition in the US, EU, Japan and the emerging countries and then force some major Chinese solar panel makers to follow. Moreover, some Asian new entrants are expanding their panel business recently to Europe, the US and Japan so as to offer lower prices or higher quality to compete with the existing players. Facing the price competition from Chinese panel makers and new Asian entrants, non Chinese solar panel makers are difficult to keep their price policy so as to adjust their offers or quality down. After losing the solid China domestic demand, global demand have been showing the diminishing trend and pushing the price downtrend as well.

Solar cell prices still show a clear drop this week, since some Taiwanese solar cell makers are cutting their prices aggressively. After losing the solid solar cell orders from major Chinese buyers, solar cell players are difficult to secure their orders. Moreover, affecting the serious EURO and JPY depreciation, European and Japanese solar cell buyers are looking for the suitable price to build their solar panel to sustain the competitiveness in Europe or in Japan. Recently, some solar cell buyers are willing to buy low efficiency solar cells with the price lower than USD 0.28/ Watt, instead of those high efficiency cells with the price higher than USD 0.3/Watt. Moreover, the order visibility is too low to fulfill their coming production output for major solar cell supliers. Under these two conditions, some solar cell makers have to secure the existing orders by offering the attractive price or better quality recently.

Solar wafer price drops further this week, while major Chinese wafer makers are taking the long vacation. After major Chinese mono wafer players are adjusting their prices down sharply in the past few weeks, Korean and Taiwanese major wafer makers are also cutting their price significantly recently. However, there is still an obvious price gap between Chinese and non-Chinese players. Mono wafer price continue to drop seriously this week. On the other hand, major Chinese multi wafer makers are not eager to adjust their price down further now. Multi wafer price drop is mainly impacted by the price quotes of Korean and Taiwanese wafer makers this week.

Polysilicon prices remain a moderate price adjustment this week, when the transaction is quiet. Currently, with low order visibility, major polysilicon makers are waiting for the demand situation after Chinese Lunar New Year to have their sales plan. On the contrary, polysilicon buyers are facing the wafer price correction so as to reduce their purchasing price further. Both polysilicon sales and buyers are difficult to settle down their deals this week. As a result, polysilicon price has a tender price change.