Polysilicon prices are to go up a little
The price rising is happening because of the anti-dumping tariffs China is set to establish on the polysilicon from the EU, U.S.A. and South Korea. According to IHS the new prices will not affect the industry.
The last IHS Polysilicon Price Tracker report also shows that the weight of the increase will be limited by market factors.
The stratagem could bring the global solar polysilicon pricing up to $19.50 per kilogram in June and July, while in May the price was $16.50.
The flood was unexpected in the market as the prices were going down in the last 10 months.
Despite all this, the report shows only an 18% increase, “falling short of the 30% indicator that would represent a major market correction. Prices also would remain below the key $20-per-kilogram mark.”
China was “likely to impose anti-dumping tariffs with rates ranging from 30 to 50% on polysilicon imported from the European Union, the United States and South Korea. However, the impact of the duties will be mitigated by factors including long-term agreements that stabilize pricing as well as efforts by buyers and sellers to bypass the tariffs”, announced Glenn Gu, senior analyst, photovoltaics, at IHS.
The report also predicts that global manufacturing overcapacity of solar-grade polysilicon will not allow sustainable local price spikes, although the local production us protected.
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