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The U.S. has further lowered the antidumping and countervailing (AD/CVD) rates imposed on Chinese and Taiwanese solar imports in 2012 and 2014, according official statements on the recent AD/CVD reviews conducted by the U.S. Department of Commerce. Many PV cells and module manufacturers have managed to evade U.S. trade barriers by setting up factories in third-party countries, majority of them in Southeast Asia. However, TrendForce’s green energy division EnergyTrend believes that the reduction of AD/CVD rates will have an impact on the global market this third quarter.
The global market for lithium batteries witnessed an average price increase of 15% to 25% for battery cells in the first half of 2017 compared with the second half of 2016, according to EnergyTrend, a division of TrendForce. This rise was mainly attributed to the cobalt price hitting a five-year high. Going into the second half of 2017, the price upswing in the cobalt market is expected to start leveling off. On the other hand, seasonal demand during the same period will drive market for batteries used in x-electric vehicles (or xEV, which include plug-in hybrid electric and battery electric vehicles). EnergyTrend projects that battery cell prices on average will increase by about 10% this third quarter compared with the previous quarter and will continue to be on a gradual uptrend through the fourth quarter.
Prices of LED light bulbs crept up slightly this June with the global ASP of 40-watt equivalent products rising by 1.1% compared with the prior month to US$6.6, according to the latest report from LEDinside, a division of TrendForce. The global ASP of 60-watt equivalent LED light bulbs remained constant at US$8.1.
The latest PV market analysis by EnergyTrend, a division of TrendForce anticipates falling prices across the supply chain this July, but the overall decline will not be as steep as the one occurred in the same period a year ago. Though the Chinese government will implement a cross-board subsidy reduction at the end of June, some of the country’s PV projects have a temporary reprieve. Furthermore, China’s solar demand is still being supported by installations related to the Top Runner Program and the PV Poverty Alleviation Project. These factors will moderate the price decline during the early third quarter.
Taiwan’s major annual optoelectronics industry exhibition, Photonics Festival 2017, will be held in Nangang Exhibition Hall of Taipei World Trade Center from June 14 to 16. Some of the highlights in the LED section of this exhibition includes products for the automotive industry and applications related to ultraviolet (UV) LEDs. LEDinside, a division of TrendForce, projects that the scale of the global UV LED market will increase from US$288 million in 2017 to US$526 million in 2020. Furthermore, the CAGR of the UV LED market in the 2015~2020 period is currently estimated at 34%. These and other data can be found in LEDinside’s 2017 UV LED vs. UV LED Module Market Report.