Prices this week:
The mainstream concluded price for 182mm bifacial dual-glass TOPCon modules is RMB 0.67/W, and 210mm bifacial HJT modules at RMB 0.72/W.
Supply-demand dynamics:
Leading module manufacturers still have residual delivery orders that provide order support, whereas second- and third-tier players are grappling with uncertain demand outlooks, forcing them to cut prices to secure deals.
Price trend:
Top-tier manufacturers continue to hold the line on pricing through collective efforts. Some have communicated to customers that prior orders signed at low prices have become difficult to fulfill due to fast-rising upstream costs. Whether these price hikes can be accepted by customers remains under negotiation. Meanwhile, wafer prices vary widely among smaller players, and many are offloading inventory at discounted prices.