In the brand new weekly replace for pv journalOPIS, a Dow Jones firm, supplies a fast overview of the primary value developments within the international PV trade.
In the Chinese marketmany of the module sellers surveyed by OPIS mentioned that the TOPCon FOB China market is quiet and costs are steady though there are some consumers available in the market who’re speaking about decrease costs. Market talks of TOPCon costs beneath $0.09/W FOB China are circulating available in the market, the place a purchaser factors out that there are presents for Grade A TOPCon shipments with an influence output of 580-585 W in load dimension above 10 MW supplied at $0.081 -0.086/W. However, sellers surveyed by OPIS mentioned there have been no transactions at this stage.
Most market discussions proceed to be heard at $0.095-0.10/W FOB China. The Chinese Module Marker (CMM), the OPIS benchmark evaluation for TOPCon modules from China was assessed at $0.096/W unchanged from final week whereas Mono PERC module costs had been assessed as steady weekly at $0.090 /W.
Bearish sentiment prevailed within the Chinese home market as latest giant public tenders reminiscent of China Coal Group’s 4 GW procurement tender attracted low bids of CNY0.7134 ($0.100)/W for N-type modules and CNY 0.7104/W for P-type modules with many market members anticipating module costs to fall to the CNY0.70/W stage within the coming weeks, mentioned a trade supply. Mono PERC module costs had been assessed at CNY0.777/W, steady from final week whereas TOPCon module costs had been assessed unchanged at CNY0.801/W per week.
In the European marketOPIS assessed TOPCon modules delivered to Europe decrease through the week at €0.109 ($0.12)/W, with indications from €0.100/W to €0.120/W While delivered costs eased in latest weeks attributable to a seasonal slowdown, a market supply famous that freight charges in August are nonetheless at excessive ranges in comparison with earlier months.
According to OPIS information, August freight charges from China to Rotterdam are about $7000 to $8000 per forty-foot equal unit (FEU), roughly $0.0189/W to $0.0192/W, which is 30% greater in comparison with June. According to a European commerce supply, TOPCon modules as much as Q2 2025 supply are heard at round €0.100/W to €0.110/W relying on the scale of the challenge.
In the US market, Spot costs for US-delivered duty-paid (DDP) modules at TOPCon fell this week to $0.291/W, with indications starting from $0.260/W to $0.320/W, whereas costs for in Q1 2025 shipments averaged $0.311/W, up from $0.280/W and $0.350/W. OPIS assesses US mono PERC This autumn supply module costs at $0.249/W, with indications between $0.200/W to $0.295/W, whereas 2025 supply cargoes are round $0.27-0.34/W.
A significant US purchaser mentioned costs for TOPCon modules from India and Southeast Asia scheduled to be shipped this 12 months have dropped not too long ago. Another supply in North America famous the rising concern of builders as autumn approaches, particularly relating to the excessive danger of tariffs from Southeast Asia. Trade officers considerably expanded the scope of AD/CVD investigations this spring, growing the probability of discovering anti-market habits within the 4 focused international locations. The White House has not but clarified whether or not there will probably be tech exemptions or grace intervals.
OPIS, a Dow Jones firm, supplies vitality costs, information, information, and evaluation on gasoline, diesel, jet gas, LPG/NGL, coal, metals, and chemical compounds, in addition to renewable fuels and environmental commodities. . It acquired pricing information belongings from the Singapore Solar Exchange in 2022 and now publishes the OPIS APAC Solar Weekly Report.
The views and opinions expressed on this article are these of the writer, and don’t essentially mirror these held by pv journal.
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