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Polysilicon prices preserve downward trend, weighed down by supply factors – pv magazine International


Within the new weekly replace for pv journalOPIS, a Dow Jones firm, supplies a fast overview of the primary worth traits within the international PV trade.

The World Polysilicon Marker (GPM), the OPIS benchmark evaluation for polysilicon produced outdoors of China, declined for a fifth week operating to $35.789 per kilogram (kg) on ​​Could 9, down 0.12% on the week. The fundamentals of small offers and restricted availability proceed to rule the market. A supply that concluded a current transaction confirmed that it has no transactions in China in the mean time and that the demand is barely from outdoors China.

The state of the worldwide market is strongly competing with China’s home polysilicon market. Common costs of polysilicon there, assessed by OPIS as China Mono Grade, fell as a lot as 8.81% to CNY158.83 ($22.86)/kg this week. Continued for eleven consecutive weeks, the leak highlights how Chinese language producers are underneath important strain, dealing with their very own challenges as they sit on extra materials that’s tough to do away with.

A “worth struggle” for polysilicon, in line with one supply, has begun. Producers emphasize that second-grade polysilicon is tougher to promote, providing their product at a lower cost as a result of this a part of their inventories has collected because the third quarter of 2022.

Wafer output in Could is predicted to hit 49-50 gigawatts (GW), in line with a supply. There’s a broad consensus available in the market that wafer costs have room to decrease as a result of present wafer manufacturing is ample and the costs of polysilicon on the floor proceed to say no.

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

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

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