With less than a week to go until the Chinese New Year, Most of the import orders for photovoltaic modules at Chinese terminals have been completed and there is little activity in the market.
The information was released by InfoLink Consulting, a specialized consultancy that offers reports on the Chinese solar energy market to the world with the aim of guiding strategic decisions and listing the main trends in the sector.
The Chinese New Year, which this time will start next Wednesday (29), It is one of the most important and traditional celebrations in China, having a significant impact on several economic sectors, including the solar energy market.
During this period, many factories and industries close temporarily to allow workers to celebrate the holiday with their families. This shutdown can last from two to four weeks, depending on the company and the sector.
This includes both companies that produce modules and other photovoltaic equipment and port terminals, where all the technology is exported to other countries around the world.
For this reason, orders placed just before the start of the holiday often experience delays in processing and delivery. Additionally, the gradual return to operations after the holiday may not fully make up for lost time.
As a result, many equipment distributors often adjust their purchasing and distribution schedules to accommodate extended lead times, building up their inventories in advance to mitigate potential supply disruptions.
Furthermore, disruption in production may coincide with periods of volatility in exchange rates and operating costs, driving up the price of ocean freight, storage and labor.
After the Chinese New Year ends, there is usually a surge in demand for products, including PV modules, as companies look to resume operations and fulfill new orders.
This movement usually causes prices of modules and inverters produced in China to rise, as logistics become more complex and expensive, especially if express transport is needed to compensate for delays and factories face difficulties in meeting the high demand for orders immediately after the holiday.
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