The latest news on the photovoltaic module market in December

Based on the latest information, the main dynamics of the PV module market in December are centered around active production cuts in the industry chain, continued pressure on module prices, and growing attention on BC (Back Contact) cell technology. The table below summarizes the key points for you:

Reasons Behind the Market Dynamics and Outlook

• Main Reasons for Production Cuts and Price Declines:

  1. Cost Inversion: The actual transaction prices for wafers, cells, and modules have fallen below cash costs, forcing enterprises to cut production.

  2. Weak Demand: Domestic new installations in October decreased by 38% year-over-year, and overseas exports have also shown a declining trend since October, leading to subdued overall demand at year-end.

  3. Industry Self-Discipline: Guided by policies advocating "anti-internal competition," companies are actively reducing output to restore prices and profit margins.

• Subsequent Industry Outlook:

  • Short-term: Analysts suggest that an industry inflection point may occur around mid-2026 (May-June), with optimism for the second half of next year.

  • Long-term: The core themes for the industry will shift towards "structural optimization" and "value competition." High-efficiency products like those utilizing BC technology are expected to gain more favor in end markets that prioritize long-term returns.