Trade Resources Policy & Opinion The Price of Polysilicon in China Has Been Low Causing Many Firms to Shut Down Production

The Price of Polysilicon in China Has Been Low Causing Many Firms to Shut Down Production

China government focuses on illegal imports of waste materials that carry polysilicon Nuying Huang,Taipei;Jackie Chang,DIGITIMES[Wednesday 23 May 2012]The price of polysilicon in China has been low causing many firms to shut down production.Industry sources noted that washing waste materials causes pollution problems,and polysilicon recovered from waste materials is being sold at extremely low prices.The China government is reportedly turning investigative efforts on illegal imports of waste materials that carry polysilicon.

China-based solar firms have been filing complaints accusing US-and South Korea-based polysilicon firms of dumping.China's government has yet to begin an investigation against polysilicon firms from the US and South Korea.

Industry sources indicated that due to pollution problems,the government has banned the importation of waste materials.However,illegal imports still exist.

GCL-Poly reported first-quarter 2012 financial figures.The firm produced 12,000 tons of polysilicon,up by 106.4%on year,and 11.3%on quarter.Sales of polysilicon reached 3,041 tons,an increase of 232.7%on year and 221.8%on quarter.Most polysilicon produced was used to supply for the firm's own solar wafer production,according to GCL-Poly.The average selling price(ASP)of polysilicon in the first quarter was US$25.98/kg and product cost was US$19.7/kg.The firm aims to push production costs of polysilicon below US$18.5/kg.

GCL-Poly reported first-quarter production of solar wafers reached 1,164MW,an on-year increase of 22.14%and an on-quarter decrease of 3.96%.Sales of solar wafers reached 1,234MW,up by 28.68%on year but down by 0.64%on quarter.The ASP of solar wafers in the first quarter was US$0.28/unit and processing costs were US$0.135/unit.

South Korea-based polysilicon firm OCI recently announced the decision to construct two polysilicon plants in South Korea due to severe market conditions.

China Government Focuses on Illegal Imports of Waste Materials That Carry Polysilicon

China government pays attention to severe price fall of polysiliconPhoto:Digitimes file photo

 

Source: http://www.digitimes.com/news/a20120523PD205.html
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China Government Focuses on Illegal Imports of Waste Materials That Carry Polysilicon
Topics: Metallurgy , Chemicals