Solar Alert: China Polysilicon Price Raise Causes Minor Fluctuations in Solar Energy Market Trendforce Says
Ideas get bigger when you share them...
August 2, 2013 (Investorideas.com renewable energy stocks newswire) TrendForce reports: China polysilicon manufacturers have started to raise prices, according to research by EnergyTrend, a research subsidiary of TrendForce. Some downstream manufacturers have agreed to adjust prices, but the price change has been incremental. In Taiwan, prices remained flat, due to U.S. manufacturers' refusal to budge on prices and demand doubts, manufacturers need to carefully maneuver in the spot market. With major policy directions in place, all that remains is the confirmation and execution of policy details, said EnergyTrend. Since the policy changes were not far off from industry estimations, spot market's reaction and results have been reasonable.
The spot market's overall performance is as described above. Upstream and downstream manufacturers in the Chinese market have accepted price raises. However, the market in Taiwan has remained unchanged. This week's price raise in polysilicon has brought average selling price (ASP) to USD 16.301/kg, up 0.04%. In addition, China's domestic market prices have soared to a price range between RMB 130/kg to RMB 140/kg. Parties in the silicon wafer market are still in a wait and see mode with buyers unwilling to place orders, and sellers refusing tolower prices. Prices have remained flat this week in the silicon wafer market. Prices were unchanged in the cell market, as Chinese manufacturers stabilized product prices, and Taiwanese manufacturers still observing future developments. As China's secondary and tertiary module manufacturers clear out inventory, module ASP declined 0.44% to USD 0.685/watt.
TRENDFORCE is a global leading research institution providing market intelligence, in-depth analysis reports and consultant services on technology sector. Our company consists of 4 major research divisions---DRAMeXchange, WitsView, LEDinside and EnergyTrend which cover the DRAM, NAND Flash, PC, display ,LED and Green energy research sectors respectively. www.trendforce.com
This news is published on the Investorideas.com Newswire and its syndicated partner network
Published at the Investorideas.com Newswire - Big ideas for Global Investors
Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.