According to data from OPIS, a subsidiary of Dow Jones, solar cell prices hit a record low this week. The assessed prices of Mono Perc M10 and G12 cells were US$0.0603 per watt and US$0.0645/watt respectively, and the FOB China prices were US$0.0056/watt and US$0.0058 respectively. /watt. Last week. Prices for M10 TOPCon cells also fell by $0.0031/W on a weekly basis to $0.0690/W.

Battery prices fell for the fourth consecutive week, according to OPIS data. Due to a serious lack of downstream demand, battery manufacturers have launched price wars; one battery manufacturer said they must compete to reduce prices to stimulate demand and increase sales.

According to OPIS market research, the market mainstream product Mono Perc M10 battery is currently valued at approximately RMB 0.489 (USD 0.067)/W ExW in the Chinese domestic market this week. This is approximately 27% lower than the price of approximately CNY0.67/W at the beginning of the third quarter.

According to industry insiders in the polysilicon industry, based on current upstream material prices, the cash cost for Tier 1 battery manufacturers to produce Mono Perc M10 batteries is approximately 0.48 yuan/W. At the same time, a second-tier cell supplier said they were losing money selling Mono Perc M10 cells at a price of 0.5 yuan/W, indicating that their production costs were higher.