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TrendForce: PV Demand Remains Strong in 1Q16
January 18, 2016 | TrendForceEstimated reading time: 3 minutes
The significant rise in multi-Si wafer prices has not fully reflected in this month’s cell prices, which have only increased slightly. Another factor that is constraining the cell prices is the outlook of the module market at the turn of the year. Installation peak seasons for the U.K., Japan and India have just passed, so module demand and prices in general are expected to weaken. Excluding the possibility of a conductive paste shortage, cell prices will likely peak around the Chinese New Year holidays.
Though first- and second-tier module manufacturers have lately benefitted from the installation rush in China and Japan and reported high capacity utilization, module prices in overseas markets (outside China) have begun their descent. Module orders from major regional markets are also at their highest and are unlikely to rise any further. Module prices are currently maintained in the range of RMB 3.9~4.05/W and will drop a bit after the Chinese New Year holidays.
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