Silicon Wafer Prices Have Dropped (January 29, 2026)

On January 29, 2026, the Silicon Industry Association released the latest silicon wafer prices. This week, the price of silicon wafers has shifted downward.

    Among them, the average transaction price of N-type G10L monocrystalline silicon wafers (182*183.75mm/130μm) was 1.26 yuan per piece, down 3.82% compared with last week; the average transaction price of N-type G12R monocrystalline silicon wafers (182*210mm/130μm) was 1.32 yuan per piece, down 7.04% compared with last week; the average transaction price of N-type G12 monocrystalline silicon wafers (210*210mm/130μm) was 1.52 yuan per piece, down 8.43% compared with last week. According to the research, the prices of downstream battery cells continued to rise this week, while the prices of modules showed no significant change. The mainstream price of battery cells was 0.41-0.45 yuan/W, up 4.88% compared with last week, and the mainstream price of modules was 0.71-0.75 yuan/W, unchanged compared with last week.

    According to the analysis by the Silicon Industry Association, the main reason for the decline in silicon wafer prices this week is the lack of demand from the downstream sector, with a sluggish market transaction atmosphere. Specifically, from the demand side: Although the rise in silver prices has pushed the prices of battery cells to continue to increase, downstream end-users are reluctant to accept the high-priced components and batteries, and their purchasing willingness is low. At the same time, as the Spring Festival holiday approaches, with poor sales, battery wafer and component enterprises have begun to take a break, reducing industry production capacity, and demand has further declined. From the supply side: Under the pressure of inventory accumulation, each silicon wafer manufacturer is unable to continue to maintain a firm price stance and has successively lowered the prices of silicon wafers to stimulate transactions. The weak demand from the downstream sector, along with the low-priced supply from the upstream sector, has led to a downward shift in the price center of silicon wafers this week.

    Looking ahead, with the approaching Spring Festival and the traditional sluggishness of the first quarter, there is little hope for the terminal demand to recover. It is expected that the silicon wafer market will mainly operate in a weak state in the short term. After the Spring Festival, if the replenishment demand from the downstream component sector is released and the prices of silver and other bulk commodities decline, the silicon wafer market is expected to experience an improvement.