Silicon Wafer Prices Fall as China Solar Supply Glut Looms

Silicon wafer prices have plunged over the past few weeks as manufacturers passed on savings on raw materials to their customers amid a looming glut in China’s solar panel supply chain, industry data show.

On Wednesday, the average prices of two key types of wafers each fell by 10% or more in the past week, according to data from InfoLink Consulting LLC, a consultancy. Their prices were down 18% and 24.6% respectively from a month before.