Global Sources
EE Times-Asia
Stay in touch with EE Times Asia
EE Times-Asia > Power/Alternative Energy
Power/Alternative Energy??

Analyst: China's polysilicon price on steady climb

Posted: 14 Jan 2013 ?? ?Print Version ?Bookmark and Share

Keywords:mono-Si wafer? polysilicon? solar cells?

EnergyTrend, a research arm of TrendForce, has revealed that polysilicon and mono-Si wafer prices are continuing on an uptrend. This is amid the widespread talks regarding China's double anti-policy that began in February.

With relevant institutions being largely optimistic about 2013's demand situation, various industry players are gaining additional confidence, which is in turn encouraging mid-to-downstream vendors to increase their price quotes. The bullish market outlook, should it persist, is likely to contribute to further price growth, in effect allowing the pricing uptrend to continue.

As indicated by EnergyTrend's data, the tax penalties imposed by the Chinese government on polysilicon importers are between 30-50 per cent. Although the ASP for imported polysilicon ranged from around $16/kg to $16.5/kg during 4Q12, with the relevant tax penalties applied, the prices can soar to as high as between $20/kg and $24/kg. For Chinese polysilicon vendors, such an increase is beneficial in that it not only paves way for higher profits, but also heightens the competitive advantages for relevant businesses within the Chinese industry. Affected by the polysilicon price surge, manufacturers for Si wafers, solar cells, modules and peripheral components are beginning to keep a lookout for any potential price change. Given that the price surge, as perceived by relevant vendors, has only just begun, a price increase based on cost-considerations does not appear to be appropriate at the moment. Proper pricing adjustments are likely to take place only when the market situation calls for them.

In the spot market, the average prices are observed to be on a steady surge, even though the suggested buying and selling prices for polysilicon are largely similar to those from last week. In terms of US dollars, polysilicon prices are 15.969/kg this week, a 0.52 per cent increase. For multi-Si wafer, the lowest prices were quoted at $0.78/piece, whereas average prices grew to $0.818/piece, a 0.12 per cent increase. Mono-Si wafer ASP ended up at 1.097/piece, increasing by 1.20 per cent. For PV solar cells, prices jumped to $0.348/W, a 0.29 per cent increase. According to the observations from EnergyTrend, even with relevant industry vendors attempting to increase their prices, the price quotes have remained at about the same standard as during the previous quarter. The current pricing movements, we believe, can be attributed to the various vendors who are testing the waters of the market.

As indicated by EnergyTrend, it is not unlikely for a pricing rebound to occur following a region-based shortage in the near future. In terms of the long run, given that the market oversupply will unlikely be resolved in a short period of time, system investors have generally been unwilling to see a decrease to their expected returns. In the periods to come, whether PV prices from the supply chain will be able to reach to and stay within break-even point will be a challenging issue for relevant PV businesses to consider.

Article Comments - Analyst: China's polysilicon price o...
*? You can enter [0] more charecters.
*Verify code:


Visit Asia Webinars to learn about the latest in technology and get practical design tips.

Back to Top