Monday, September 17, 2012

If Polysilicon Suppliers Don't Reduce Capacity, PV Prices Will Continue Decline

IHS advises tier 1 polysilicon suppliers to reduce production capacity

17.09.2012: According to a new report published by US market research company IHS iSuppli, solar grade polysilicon prices fell at a faster rate last month than they did in July, continuing a downward decline that began in the fourth quarter of 2011. IHS’s Polysilicon Price Tracker Report found that the average contract price in August of 9N polysilicon and above grades stood at $27.80 per kg. Due to a rapid decline in spot prices, however, the same-grade polysilicon traded for just $21.90 per kg on the spot market. Average contract pricing for 6N to 8N polysilicon was $22.70 per kg in August – Meanwhile, those grades traded for $20.10 per kg on the spot market. IHS predicts that prices will continue to fall in the foreseeable future due to global oversupply of solar modules and the resulting lack of demand for polysilicon. IHS therefore recommends that tier 1 suppliers consider reducing production as soon as possible. … Source: IHS iSuppli; Summary: PHOTON

http://www.isuppli.com

The complete press release can be viewed in PHOTON's archive using the following link:
http://www.photon-international.com/newsletter/document/69743.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

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