China raises spot quotes for solar wafers and cells

China has announced plans to raise spot quotes for solar wafers and cells. According to Digitimes, an increase in polycrystalline silicon (poly-si) spot quotes from $55/kg to $60/kg in June 2009 prompted the decision.

China-based suppliers of 6-inch poly-Si solar wafers and solar cells plan to raise their spot quotes by 3-5% and 1-2% respectively in July 2009, according to industry sources in Taiwan.

These industry sources have also reported an average spot price of $1.5/watt for poly-Si solar cells, while six-inch poly-Si wafers from China-based makers stand at $3.5 per wafer on the spot market.

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