According to price analysis firm InfoLink: “Since March, the spot price of n-type modules in China has soared from RMB0.7/W to RMB0.73/W. Quotes from leading manufacturers are approaching the RMB0.75/W mark.” The results of the China Datang Group’s 2025-2026 PV module framework. Image: Datang.
On 11 March 2025, the results of the China Datang Group’s 2025-2026 PV module framework purchase tender were announced, with the spot price of n-type modules increasing from RMB0.7/W (US$0.097/W) to RMB0.73/W (US$0.1/W), and some modules priced as high as RMB0.75/W (US$0.11/W).
This seemingly ordinary tender became a market benchmark because of the record-breaking transaction prices. According to price analysis firm InfoLink: “Since March, the spot price of n-type modules in China has soared from RMB0.7/W to RMB0.73/W. Quotes from leading manufacturers are approaching the RMB0.75/W mark.”
According to data from the Silicon Industry Branch on 12 March, the transaction price for n-type recycled material this week was RMB39,000-46,000/ton, with an average of RMB41,700/ton. The transaction price for n-type granular silicon was RMB38,000-41,000/ton, with an average of RMB39,000/ton.
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In the wafer segment, all n-type formats saw notable price hikes – up 4% for 210 mm and as high as 8.9% for 182 mm. Meanwhile, p-type wafers appear to have exited the market altogether.
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