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China Polycrystalline Silicon Market Situation in August

iAbrasive made an analysis on China's polycrystalline silicon market situation in August.

From: iAbrasive.comDate: 2014-09-01 01:18:13Views: 556

polycrystalline silicon

1. Polycrystalline Silicon Trend in August

The overall polycrystalline silicon market remained stable in August. At the beginning of the month, China polycrystalline silicon average price was 161,500 Yuan per ton; at the end of August, the figure declined to 160,700 Yuan per ton. The range of a price drop is 0.5%, an increase of 31.32% compared to the same period last year.

2. Domestic Market Information Analysis

Recently, the polycrystalline price has declined and operation has remained normal. In aspects of industry chains and downstream industry--the photovoltaic market continued to be sluggish, which is suppressing the polycrystalline silicon market. In the first half of 2014, Chinese installed capacity was less than 3GW. With government policy support, the photovoltaic industry is expected to warm up again after the cold spell. China Ministry of Commerce and General Administration of Customs announced that in view of the solar grade silicon trade remedy measures in Korea, America and the EU, China's processing trade of polycrystalline silicon imports surged, and has decided to terminate the polycrystalline silicon processing import trade.

3. Market Forecast

Since polycrystalline silicon foreign processing trade has been terminated, which is good for the domestic polycrystalline silicon market, domestic demand for downstream photovoltaic industry remains low. iAbrasive analysts hold that polycrystalline silicon will keep stable and recover gradually.

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