Wafer prices soften across mainstream formats

Mysteel put Chinese N-type G10L wafers at Yuan 0.93/piece, G12R wafers at Yuan 0.99/piece and G12 wafers at Yuan 1.11/piece on November 10, on a cash-delivered basis and including VAT; the source did not state the VAT rate. Mainstream G10L transactions moved down to Yuan 0.90-0.95/piece, while G12R weakened to Yuan 0.98-1.00/piece. G12 material held at Yuan 1.08-1.13/piece because year-end centralised projects supported orders. High wafer inventory and cautious cell purchases continue to favour buyers, although the narrower discount on G12 shows that format selection and delivery timing matter more than headline market weakness alone.