Continued high operation, the consequences of a new round of capacity competition is showing on February 6, the photovoltaic giant Tong Wei shares in the investigation agency said that the battery industry suffered a loss, 'in addition to our cost can be profitable Many peers are already losing money at a loss.
On the evening of February 6, a team of Huayuang New Huyi Company announced the minutes of the teleconference with the executives of Tongwei Stock Co., Ltd. During the investigation, executives of Tongwei Co., Ltd. said that in early February, the prices of polycrystalline silicon solar cells have stabilized and recovered. In early January 1.7 yuan / W dropped to 1.3 yuan / W has risen to 1.35 yuan after the price of single-crystal cells fell less than January so far dropped from 1.7 to 1.6 yuan. 'Many battery manufacturers have begun to lose production, such as Taiwan manufacturers, has begun to lose cash flow production status'.
Tongwei executives said, 'In addition to our costs can be profitable, many peers have lost money at a loss of cash flow, Maudee, Taiwan manufacturers have been waiting for the Taiwan government's 5 billion NT injection, they are also cash flow deficit shipments After the end of January transferred to 1.3, while the silicon is still in the process of price cuts, polycrystalline battery prices have begun to rebound now 1.35 above.
Recently, the monocrystalline silicon Longji shares once again cut the price of monocrystalline silicon wafer, February 4 monocrystalline wafer 156.75mm * 156.75mm overall price cut, adjusted 180μm monocrystalline silicon domestic implementation 4.8 yuan / piece price, the price down 0.4 yuan / piece, a decrease of 7.7%. The last time the company lowered the silicon price is New Year's Day, down 0.2 yuan / piece.
'Monocrystalline cell, Longji cut the expected rate of cut, Longji cut 4 hair one, about one watt about 8 cents, the corresponding reduction of the battery segment, down 5 cents', Tongwei shares executives The evaluation said that 'the battery industry suffered a loss, there are few battery factory, other manufacturers have to follow up the price adjustment.'
On the evening of February 5, Longji also warned in a project launch announcement that with the rapid development of the PV industry, some SMEs that were originally facing market phase-out started to resume production, resulting in a shortage of excess capacity; As for the backbone enterprises in the industry, they have also expanded their production capacity by virtue of their scale advantages. The recovery of backward production capacity and the new production capacity will aggravate the disorderly competition in the industry. The photovoltaic industry may once again face the risk of changes in the market environment caused by overcapacity.
The evening of February 5, Longji shares also issued a huge purchase announcement that the company signed with the South Korean OCI three-year polysilicon material procurement contract, the contract price of more than 1 billion US dollars.
Longji said that the signing of the contract in line with the company's future business plan will help protect the company's steady supply of polysilicon raw materials.
To Tongwei, Longji and Central as the representative, the PV industry is currently in the new round of capacity competition in the white-hot stage, a number of medium-sized enterprises are also involved.
In December 2017, Orient Nissin announced that it signed an agreement with Party B People's Government of Jintan District, Changzhou, Jiangsu Province (Party A) to invest 8 billion in building a photovoltaic product manufacturing base for 5GW photovoltaic cells and 5GW photovoltaic modules.
Orient Risen said that if the above agreement is successfully implemented, it is expected to improve the Company's production layout of photovoltaic cells, photovoltaic modules and related products, and improve the technical level, automation level and cost control of the Company's solar cells, photovoltaic modules and related products Core competitiveness and expanding the Company's share of global PV products in the global market have a positive impact on the performance of the Company and are in line with the development needs and long-term planning of the Company.
