this post was submitted on 01 Nov 2023
136 points (99.3% liked)
Technology
70994 readers
3866 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is the best summary I could come up with:
Buyers and sellers of modules alike reported lower prices during OPIS’ weekly market survey.
While domestic demand will come from fourth-quarter installations, this is typically a low-demand period, concurred multiple sources.
Orders signed last quarter have been cancelled and buyers want to re-sign contracts at current low prices, another module manufacturer said.
The supply picture is gloomy, too, as China’s module manufacturers are sitting on 1-2 months of inventory, according to one seller.
Looking ahead, module prices are expected to continue falling as we reach the end of the year, OPIS learned during its weekly market survey.
Many sources pointed to how the 1 yuan/W era has arrived already, with a recent major China procurement tender seeing P-type module bids of as low as 0.993 yuan/W.
The original article contains 423 words, the summary contains 126 words. Saved 70%. I'm a bot and I'm open source!