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Home » China polysilicon costs prolong positive aspects for tenth successive week

China polysilicon costs prolong positive aspects for tenth successive week

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In a brand new weekly replace for pv journal, OPIS, a Dow Jones firm, supplies a fast have a look at the principle value traits within the international PV business.

China Mono Grade, OPIS’ evaluation for polysilicon within the nation, prolonged positive aspects for a tenth successive week, rising 3.34% to CNY82.5 ($11.51)/kg. This enhance is available in every week the place China’s polysilicon gamers head to Baotou in Interior Mongolia for a serious silicon convention to ponder their market.

“At current, photo voltaic wafer manufacturing exceeds polysilicon manufacturing,” noticed a photo voltaic market veteran. In a interval when their inventories are seeing reductions, “polysilicon factories will certainly not take the initiative to decrease costs,” he defined.

What stays up for debate is whether or not China polysilicon’s two and a half months of accelerating costs is reaching its conclusion. The speed of enhance is to a a lot smaller extent this week than in previous weeks, noticed a special market veteran. “This may be an early signal of leveling off or is even the tipping level” for polysilicon costs.

Some new manufacturing capability has began operations this month, elevating the nation’s total fee, one supply stated. A special supply disagreed, for in his view “most capability has come on-line already.” Consequently, he doesn’t see a lot fluctuation in polysilicon costs come the fourth quarter of 2023.

OPIS, a Dow Jones firm, supplies power costs, information, information, and evaluation on gasoline, diesel, jet gas, LPG/NGL, coal, metals, and chemical substances, in addition to renewable fuels and environmental commodities. It acquired pricing information property from Singapore Photo voltaic Alternate in 2022 and now publishes the OPIS APAC Photo voltaic Weekly Report.

The views and opinions expressed on this article are the writer’s personal, and don’t essentially replicate these held by pv journal.

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