Battery prices are expected to rise, while component inventory levels continue to fall.

Today, the price of Topcon 183N battery cells is 0.4-0.42 yuan/W, corresponding to a FOB China price of 0.051-0.061 USD/W; the price of 210RN is 0.4-0.42 yuan/W, with a FOB China price of 0.051-0.061 USD/W; the price of 210N is 0.4-0.42 yuan/W. Currently, the market transaction average price is between 0.4-0.41 yuan/W, with only small quantities being sold at 0.42 yuan/W. There have been attempts to raise prices to 0.45 yuan/W. In the past week, upstream inventory of photovoltaic battery cells has started to decrease. The main driving force behind the market recovery comes from the growth in overseas demand, which has effectively stimulated domestic transactions of battery cells and increased export orders, accelerating the clearance of existing stock. At the same time, there has been a structural adjustment in the domestic market, with some companies increasing the proportion of OEM orders, effectively reducing new inventory.