Tongwei Co., Ltd. has announced that the company’s module production rate is expected to increase in April compared to March. This forecast comes as the peak installation season approaches and is influenced by the “rush to install” trend resulting from power market reforms. The company currently has a substantial backlog of orders, which is expected to further drive the production rate upward.
Recently, there has been an increase in battery and module prices, primarily due to the temporary surge in demand driven by the aforementioned market reforms. However, there are numerous variables affecting the future balance between supply and demand. These include the sustainability of self-discipline measures, domestic and international policy directions, and the dynamics between various players in the industry chain.
It is crucial to continuously monitor the changes in supply and demand to understand the sustainability of price increases.
