4 FAQs about Solar glass price adjustment

How are PV solar cell glass price developments calculated?

The price developments of PV solar cell glass are expressed in US$ prices converted FX rates applicable at the time when the price was valid. PV solar cell glass price index developments are calculated from multiple separate sources of data to ensure statistical accuracy. NEED A QUICK DOWNLOAD? GET THAT DOWNLOAD IN 3 MINUTES!

How does glass demand affect inventory?

The increase in demand drives the increase in glass demand, and inventory gradually declines, expected to drop from about 4 weeks at the end of February to around 20 days by the end of March. Material Prices Decline, Inventory Reduction Expected to Increase Price .

When will the price trend be adjusted?

As a function of our automation, it is likely that recent trends will be adjusted as we discover more information. So, for example, the price trend for February 2024 will be first calculated in February 2024 and adjusted in March, April and May 2024. The data is presented in US$.

How many tons of glass are there in 2021?

The glass capacity in 2021, 2022, and 2023 was 46,000, 81,000, and 105,000 tons, with a year-on-year increase of 35+%, 70+%, and 30+%. As of now, the domestic glass capacity is about 99,000 tons, plus 5,850 tons overseas. In Q1 2024, the industry added 3,100 tons of new capacity and 650 tons of resumption.

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