The average spot market quote for solar-grade polycrystalline silicon wafer has risen slightly by 1.18% to US$0.86/W, while that for high-efficiency models by 1.09% to US$0.926/W, according to Taiwan-based maker Green Energy Technology (GET).
GET's capacity utilization has exceeded 95% since the second quarter of 2013, the company indicated. As Taiwan-based polycrystalline silicon solar cell makers expect orders to increase in the fourth quarter of 2013, demand for solar-grade silicon wafers will increase along with it.
Consequently, the average spot market price for solar-grade polycrystalline silicon wafers is likely to rise to above US$1.0/W, especially for models with energy conversion rates of over 17.4%, in the fourth quarter, GET said. If so, GET's business operation will swing from negative gross margin to gross margin in the fourth quarter, the company indicated.
In addition to hope for a hike in product pricing, GET is making efforts to increase production efficiency to reduce production costs.