The price of photovoltaic glass has been raised by RMB 3-4 per square meter from September. The market’s mainstream 3.2 mm photovoltaic glass price has risen to RMB 30 per square meter, and 2.5/2.0 mm products have also risen to RMB 27/24. The price adjustment corresponds to the increase of about 15% for 3.2mm products in August, which is much higher than the 3-4.5% cost increase caused by the increase in the price of soda ash (the price of soda ash rose by 20-30% in August).

Driven by the increase in demand from module manufacturers and downstream installations, the supply of photovoltaic glass has continued to be tight since August. The demand for the downstream photovoltaic installation market was once disturbed by the supply of polysilicon materials, which caused certain fluctuations in product prices in the entire industry chain and price increases. And the timing of price increases exceeded industry expectations.

The current market demand and the restoration of confidence will further tighten the supply of photovoltaic glass and trigger price increases. The industry expects that the price of photovoltaic glass will remain high in the second half of the year. The industry believes that the price of solar modules remains at around 1.5-1.6 yuan/watt, which is a level acceptable to downstream photovoltaic power station developers. Looking ahead, the industry expects that the supply of photovoltaic glass will remain tight in 2021. This situation is likely to continue to support the maintenance of high prices of photovoltaic glass. Other accessories in the entire photovoltaic industry chain include photovoltaic brackets. It is not ruled out that there will be further in 2021. The possibility of price increases.