Flash | Lowered Wafer, Solar Cell and Glass Weekly Prices for Inventory Pressure; We Prefer Polysilicon CITI'S TAKE Solar product prices were relatively steady for both upstream polysilicon and downstream modules, likely supported by cost levels but dropped 2- 3% wow for midstream wafer, solar cell and solar glass products due to inventory pressure. PRC domestic solar installation demand has been low, including -50.9% yoy to 28.7GW in 3Q25, while solar module export volume growth was strong at +43.6% yoy to ...