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

Could 12, 2023 DESCRIPTION

The International Polysilicon Marker (GPM), the OPIS benchmark evaluation for polysilicon produced exterior 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 meanwhile and that the demand is barely from exterior 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 beneath vital stress, going through their very own challenges as they sit on extra materials that’s troublesome to do away with.

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

Wafer output in Could is predicted to hit 49-50 gigawatts (GW), in response to a supply. There’s a broad consensus out there 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, offers 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 Change in 2022 and now publishes the OPIS APAC Photo voltaic Weekly Report.