THE US-CHINA trade war is continuing to affect photovoltaic cell manufacturers’ utilisation rates, according to EnergyTrend.
EnergyTrend is a subsidiary of Taiwan-based market research firm TrendForce. It says market demand will remain weak in July with a pending verdict on the US-China anti-dumping case.
Different manufacturers are responding differently to the developments however, because they have differing opinions about the result.
Some are optimistic about future demand and are continuing with production, while others have decided to focus on inventory control. However, clients are less willing to place orders in the face of the situation, which means many manufacturers’ stock levels are rising.
Downstream clients have also reduced orders for wafers, affecting transaction prices. Overall wafer quotation declined US$0.03-$0.05 a piece. Based on final transaction prices, high-efficiency multi-si wafer prices have dropped below US$1.0/piece to US$0.98/piece. Also, pressured by cost reduction, normal-grade multi-si wafer prices reached US$0.93-0.96/piece. Yet, the pricing may drop to US$0.9/piece if shipments continue to be low.