Everything seems to be pointing to the solar PV manufacturing sector going into a downturn in 2024, with loss-making potentially rife across much of the upstream sector.
The average price of solar-grade polysilicon has dropped from the peak of RMB240,000-250,000/tonne (US$32,856-34,191) at the beginning of the year to RMB70,000-90,000/tonne.
