Photo voltaic polysilicon costs jumped by an extra 4% this week, fuelling business assessments that costs will quickly bounce above the RMB300/kg (US$44.74/kg) barrier.
This week’s common polysilicon strike value, utilizing information supplied by business analysts PVInfoLink and Power Pattern, stands at RMB287/kg (US$42.81/kg). This value consists of China’s 13% gross sales tax, indicating a cloth value of round US$37.88/kg.
Whereas polysilicon costs have remained stubbornly excessive and have grown modestly all through the primary half of the 12 months, costs have grown significantly up to now two months. Since 4 Might 2022, costs have grown by some 14%.
This has led business analysts to anticipate that polysilicon costs will quickly bounce above the RMB300/kg barrier.
In a word issued earlier this week, Frank Haugwitz of advisory Asia Europe Clear Power (Photo voltaic) Advisory (AECEA) careworn that with some situations of pricing already peaking within the early RMB290s/kg, polysilicon costs will quickly exceed the RMB300 threshold.
Latest surges in costs have been pushed by polysilicon producer upkeep schedules, with AECEA noting that upkeep works are scheduled for 5 websites within the coming weeks, leading to a lowered output from the business’s polysilicon manufacturing base.