Market demands to PV silicon wafers may remain stable as many manufacturers have reported growing monthly revenues. Meanwhile, demands also increased because of the postponement of US DoC’s initial verdict for anti-dumping duties. Stronger Chinese maker shipments, high shipment volume in the Japanese market, and improved economy condition in Europe are also helpful to the PV silicon wafer prices in the second quarter.
In 2013, Australia’s PV market capacity was 1GW. Meanwhile, Chinese PV imports to Australia were around 700MW, representing 70% of total module demand in Australia, according to EnergyTrend, a research division of TrendForce. In 2014, Australia’s PV capacity is likely to reach approximately 1.2GW. Since there are only 100MW of modules produced in Australia, Australian manufacturers tend to rely heavily on modules imported from foreign countries under a severe imbalance between supply and demand.
The Chinese Ministry of Commerce announced on April 30, 2014, that they will impose anti-dumping and anti-subsidy taxes on European solar-grade polysilicon imports. Since China has signed a price agreement with Germany-based Wacker Chemie, the company will not be charged anti-dumping and anti-subsidy tariffs within the two-year contract period.
DuPont announced the termination of their silicon thin-film operations by the end of 2014 with gradual shut down the silicon thin-film production lines at their subsidiary company. Silicon thin-film market share is likely to keep falling in the short run, according to the analysis of EnergyTrend.
Impacted by recent market demand changes and narrowing price gaps, mono-si cell demand may increase in 2Q14, analyzed EnergyTrend, a research division of TrendForce. In regards to spot market, there is limited room for further price increases as further observations are required for supply and demand condition in 2Q. Thus, recent spot prices will continue to fluctuate.