G10L cell prices remain under pressure

Mysteel assessed Chinese G10L TOPCon cells at Yuan 0.295/W on November 10, G12R and G12 TOPCon cells at Yuan 0.313/W and G12 HJT cells at Yuan 0.37/W. The prices were cash-delivered and included VAT; the source did not state the VAT rate. Market quotations showed 183N cells at about Yuan 0.29/W and 210N cells at Yuan 0.315/W. Demand for smaller formats is shrinking as product iteration accelerates, while larger formats retain support from year-end centralised projects. Overseas buyers should expect format-specific rather than broad-based discounts, with larger orders and firm delivery windows still commanding firmer prices.