National polysilicon production in March and April was approximately 122,000 tons

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In March and April 2022, China’s photovoltaic industry operated steadily overall, with all key segments of the industry chain maintaining a growth trend. According to industry standards, announcements regarding corporate information, and estimates by industry associations, the national production of crystalline silicon cells exceeded 44 GW, representing a 12.8% increase on a month-on-month basis. Supply and demand in some parts of the industrial chain remain tight, driving prices of related products to stay high. In the polysilicon sector, the national production volume in March and April was approximately 122,000 tons; the average prices of dense polysilicon in March and April were 243 yuan/kg and 247 yuan/kg respectively. In the silicon wafer sector, national production in March and April was around 49 GW, with 3.7 GW exported. In terms of batteries, nationwide exports of crystalline silicon cells amounted to 4.1 GW during March and April; the average prices of monocrystalline PERC M6 and M10 cells were 1.10 yuan/W and 1.15 yuan/W respectively. In terms of solar modules, nationwide exports of crystalline silicon modules amounted to 22.9 GW in March and April. In the inverter sector, national inverter production exceeded 31 GW from March to April.