Consolidation mode
Policy developments, or the lack thereof, continue to shape market sentiment along the solar supply chain. Hanwei Wu of OPIS sees growing likelihood that China will implement a rumored plan to purchase and shut down excess polysilicon capacity, but slow progress keeps prices in a holding pattern.
The price of China Mono Premium, the OPIS assessment for mono-grade polysilicon manufactured in China and used in n-type ingot production, was assessed at CNY 52.200 ($7.32)/kg, or CNY 0.110/W as of Nov. 11, unchanged from a month earlier. In mid-November, China appeared to inch closer to launching an asset management vehicle to shore up …
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