2011-08-11 | Editor : Ted 2950 pageviews

Production Capacity Advances in China and Korea Triggered Price Decrease

According to the Energy Trend’s latest survey, polysilicon spot price has shown a significant decrease. However, the polysilicon price quotation remained at $50/kg, and trading prices ranged between $51/kg and $53/kg. Following last week’s downward trend, this week’s average price came to $52.55/kg, a 2.92% decrease.

Since the demand prospects for the late third quarter to fourth quarter of 2011 remained unclear, manufacturers have taken a conservative attitude towards the polysilicon inventory level. Medium and small-scale manufacturers, dominating the spot market are becoming stringent in monitoring inventory control since they are unable to weather market changes as well as their top-tier counterparts. On the other hand, as polysilicon production capacities are about to increase in China and Korea, the downstream PV manufacturers believe that polysilicon price pressure will rise, in turn affecting manufacturers’ procurement intentions. EnergyTrend therefore projects that the polysilicon price is expected to reach $45/kg by the end of 2011.

Related Entries
SOLAR MARKET STATUS

PV Mono-Si Cell Demand May Increase Due to Bridged Price Gaps

Impacted by recent market demand changes and narrowing price gaps, mono-si cell demand may increase in 2Q14, analyzed EnergyTrend, a res.. more

RESEARCH

Broad Strategy Deployment to be Critical Under Impact of Solar Trade War

After the PV market underwent a period of oversupply, prices have gradually hit rock bottom since 2013. Increased market demands will su.. more




Purchase reports

announcements