Polysilicon price could rise in March… slightly21. January 2013 | Global PV markets, Industry & Suppliers, Investor news, Markets & Trends | By: Max Hall
There are indications falling polysilicon production is starting to address the long-standing global oversupply and helping the price of the solar material stabilize, according to consultants IHS i-Suppli.
After a string of bearish updates throughout 2012 Henning Wicht, principal analyst, photovoltaics, for IHS i-Suppli Deutschland, said a reduction in the percentage of deals done on the global poly spot market is indicative of supply falling more closely in line with demand.
Respondents to the market research company's monthly polysilicon price tracker are predicting a slight rise in prices towards the end of March although, typically, there is a caveat.
"We have seen the proportion of spot market trades in the transactions we survey fall from around half in April and May to 20% at the moment," explained Wicht.
"This is because suppliers have reduced production but it is too early to say we have hit the bottom, that will depend on how the market reacts if there is a slight rise in prices.
"If bigger suppliers increase production in response to any increase at the end of Q1, in order to aggressively pursue market share, we could see the whole cycle recur."
Choose between a digital and print subscription from pv magazine publisher Solarpraxis AG’s online shop!
Solar trade war: US imposes preliminary anti-dumping tariffs of 26-165% on solar PV from China, Taiwan7060 views
- 2240 views
- 2085 views
- 2072 views
- 1868 views
Want to publish your press releases for free? Simply log in or register, enter the information you want to appear and we'll publish it for you!