The China Nonferrous Metals Business Affiliation (CNMIA) stated polysilicon costs have fallen by greater than 42% since November, when the uncooked materials reached its highest value level.

CNMIA’s silicon department has launched an replace on polysilicon costs.

It reported that monocrystalline silicon costs at present vary from CNY 148 ($21.50)/kg to CNY 182/kg, whereas polycrystalline silicon costs are between CNY 145/kg and CNY 177/kg. In comparison with the height registered in November, the typical value of uncooked supplies fell by greater than 42%.

CNINA stated the decline was on account of a slight lower in demand on the finish of the yr and a rise within the capability of China’s polysilicon trade. Based on its estimates, China’s home polysilicon capability will attain 1.2 million metric tons (MT) by the tip of 2022. It estimates that the nation’s polysilicon capability will attain 2.4 million MT by the tip of 2023.

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