polysilicon

The results continue the downward trend in polysilicon manufacturers’ fortunes as the market faces oversupply, cutthroat competition and prices below the cost of production.

The latest figures from the Silicon Branch of the China Nonferrous Metals Industry Association showed that polysilicon prices have remained flat.

Polysilicon prices have remained stable following a slight increase in supply, according to the latest figures.

United Solar is currently building a 100,000 ton polysilicon factory in Oman which it expects to be operational in 2025.

PV Tech Premium analyses the possible impact on a proposed tariff increase on wafers and polysilicon under Section 301 in the US.

Section 301 tariffs to be implemented in 2024 will take effect on 27 September, such is the case for solar cells.

Polysilicon prices increased slightly across the board last week, but silicon producers continue to struggle with revenues.

According to Bernreuter Research, Tongwei Solar, GCL Technology, Daqo New Energy, and Xinte Energy all posted net losses in H1 2024.

Polysilicon prices in China have continued to stabilise, with no significant fluctuations over the past month.

Wacker Polysilicon generated €232 million in sales from April through June 2024, down from €513 million in the same period 2023.