Longi(SH:601012)2026-01-26 05:24Price Trends in the Photovoltaic Industry - In the fourth week of January 2026, polysilicon prices remained stable at RMB 54.00 per kg, with a monthly increase of 4%[1] - Prices for mainstream silicon wafer models (183N, 210RN, and 210N) were approximately RMB 1.40, RMB 1.40, and RMB 1.55 per piece, respectively, reflecting a significant monthly rebound of 12%[1] - Mono cell prices for 183N, 210N, and 210RN models increased by 5% week-on-week and surged 24% month-on-month to RMB 0.42 per watt[1] Market Dynamics and Demand - The market is experiencing a stalemate due to weak domestic demand, despite rising silver prices providing cost support[1] - The overall market sentiment is low, with new orders largely postponed until late January, leading to increased inventory levels[3] - The export demand is currently strong, but domestic demand remains weak, causing a reliance on overseas orders for market stability[6] Policy and Future Outlook - The Ministry of Finance announced the cancellation of export tax rebates for battery cells and modules starting April 1, 2026, aiming to curb low-price competition and promote industry upgrades[7] - The National Development and Reform Commission set a target for renewable energy to account for 30% of total power generation by 2030, indicating potential market growth[7] - Despite short-term price strength driven by export orders, the overall demand outlook remains uncertain, with expectations of continued industry losses due to supply-demand imbalances[7]