FOB China prices of Mono PERC M10 wafers trended flat on-week at $0.241 per piece (pc), while Mono PERC G12 wafer prices remained at $0.356/pc. According to the projection of the Silicon Industry of China Nonferrous Metals Industry Association, China’s overall wafer production output in January might range from 54 GW to 56 GW, indicating a decline of 7.92% month over month. According to a market expert, wafer manufacturers still try their best to maintain operating rates at a particular level despite the continuous wafer overcapacity. At present, polysilicon prices make up about half of wafer production costs.