German chemical group Wacker Chemie says its sales fell 22% year on year to €6.40 billion ($6.9 billion) in 2023. Its polysilicon division contributed EUR 1.6 billion to sales, down from EUR 2.29 billion in the preceding year.
Bernreuter Research says in a new report that it expects polysilicon prices to soon dip below the historical low of $6.75/kg, which was reached in June 2020. It says global polysilicon capacity could hit 2.95 million metric tons (MT) by the end of December, with just 200,000 MT of the total outside of China.
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
After an interim high in 2021, polysilicon imports into China fell again in 2022, but the country’s share in global output still came close to 90%, according to a new report by Bernreuter Research.
A variety of factors led to the drop in polysilicon prices over the past year, but JinkoSolar notes that this decrease has slowed amid a short-term bump in supplies that still lags behind strong levels of wafer manufacturing capacity.
Two industry experts have provided analyses of the current polysilicon price scenario in a chat with pv magazine and both agreed that polysilicon demand is still growing faster than supply. The price may decrease starting from the second quarter and reach more reasonable levels by the end of the year.
The sky is the limit. Fortunately, this expression does not apply to current prices for PV panels, which have recently declined, following a continuous rise since the beginning of the year. Whether this situation holds, or whether prices drop further in the coming months is hard to say at the moment, writes Martin Schachinger of pvXchange. Polysilicon prices and thus wafer and cell prices could be in for a slight decline. However, a decisive movement in module prices in general is unlikely before the fourth quarter.
…but cell manufacturer Aikosolar is expecting a reversal in fortune for the first half of the year and has blamed rising solar panel material costs.
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