Based on the latest survey conducted by EnergyTrend, the market demand is yet to pick up, therefore the inventory still remained at a high level. As a result, the polysilicon price has significantly dropped. The average spot price of polysilicon has decreased by over 10%, come to below $60/kg.
Though the uncertainties about the Italian policy change have been resolved, the end market demand has not materialized. As the wait-and-see attitude in the PV market remains, an obvious price decrease appeared once again.
The 2011 Green Lighting Shanghai Expo and Forum, an annual event organized by the China Solid State Lighting Alliance (CSA) and Reed Exhibitions China, will commence on May 11th in Galaxy Hotel Shanghai.
EnergyTrend Latest Solar Price Survey: Manufacturers to Reduce Production in Response to Low Market Visibility
According to the latest survey conducted by EnergyTrend, a research department of TrendForce Corp., the decrease in the polysilicon price was limited, which was not in line with downstream PV manufacturers’ expectation.