Europe and America, as the two major markets with high premiums and heavyweight, naturally receive much attention.

European market:

Current inventory and destocking situation: From October last year until now, we have been dealing with inefficient inventory, mainly P-type, with eight euro points and nine euro points packaged together for disposal. For example, situations like Longji, Jingke, and Jingao are also the same. After throwing away seven or eight, Tongwei and Tianhe are basically finished. The rest is basically some efficient conventional inventory. The overall inventory is basically around 15 GW in the bonded warehouse. The regular inventory for distribution in the market is mostly N-type, and the efficiency of N-type is gradually improving. Some inefficient types may form some stagnation. The most important thing is that most of the P-type products have been sold out since October last year, and there will be basically no P-type products in the future. All of them will be N-type products in the future.

The current prosperity situation of the European market: In January, it is evident that the speed of clearing inventory has accelerated. Several reasons: a. The holiday has ended; b. The component price is low enough, and the distributor can sell it for a little extra money. c. The sharp increase in shipping costs has led to higher prices for new goods (10% -15% higher). Component manufacturers, distributors, and customers have uncertain expectations for the future, and in anticipation of price bottoming out and rebounding, they start buying components while prices are low.trina solar panels