Downward pressure on downstream demand is increasingly transmitted upstream. On June 1st, China Nonferrous Metals Association Silicon Industry Branch stated that the latest domestic spot price of polysilicon has reached the lowest value of 400,000 yuan/ton, and returned to the dismal situation of the first half of last year.
The Silicon Industry Branch quoted domestic polysilicon manufacturers saying that most of the domestic polysilicon companies have now entered a “loss-making stateâ€. As far as the current situation is concerned, although the manufacturers in the industry did not directly admit that there have been losses, most of them indicated that the industry is in poor condition, and the price of products has been approaching its own cost line after a sharp drop of 30% in the past two or three weeks.
Polysilicon prices plunged The data learned by the Silicon Chapter indicated that the price of polysilicon continued to decline. The latest price quoted on June 1 was between RMB 410,000 and RMB 500,000 per ton, compared with RMB 450,000/ton to RMB 550,000 per week. /Ton.
The increase in polysilicon prices in the current round began in July last year. The recent price fell back to the level before the current round of price increase cycle; however, due to the dramatic increase in production costs, the pressure on manufacturers has been greater than a year ago.
The Silicon Industry Branch stated that in the first half of 2010, domestic polysilicon prices were maintained at around 400,000 to 450,000 yuan per ton, but at the time the oil price was between 75 and 85 US dollars per barrel, and the price of trichlorosilane was about 7,500 yuan per ton. 8,000 yuan; while the current oil price has risen to more than US$100/barrel, the price of trichlorosilane has reached 11,000 yuan per ton, plus the price of electricity has increased by 0.02 yuan to 0.1 yuan over the same period of last year, and the production cost of the company has been significantly raise.
From the industry polysilicon manufacturers feedback information, although the manufacturers are not uniform, but the actual transaction price has dropped to 380,000 yuan / ton. After inquiring several companies in Sichuan, Jiangsu and other major polysilicon industrial bases in China, the Silicon Division learned that most of the current domestic polysilicon companies have entered a loss state.
In fact, polysilicon prices have continued to fall rapidly both in the international market and in the domestic market in recent days. In the international market, the single-week decline in polysilicon exceeded 9% and 7% respectively in the last two weeks. On May 25th, the spot price has fallen from more than 80 US dollars/kg in early May to less than US$60/kg. This kind of downtrend has not shown signs of stabilizing at present. Researcher Tang Xiaodong of Monita told reporters that although the latest week's quotation has not yet been released, it should have fallen below $55.
On the domestic front, the data released by the Silicon Industry Branch shows that by May 10, the mainstream quotes have remained stable at 660,000 yuan/ton to 710,000 yuan/ton, which is in line with the “30% drop in polysilicon prices in the past three weeks†known to the industry. .
The Silicon Industry Branch quoted domestic polysilicon manufacturers saying that most of the domestic polysilicon companies have now entered a “loss-making stateâ€. As far as the current situation is concerned, although the manufacturers in the industry did not directly admit that there have been losses, most of them indicated that the industry is in poor condition, and the price of products has been approaching its own cost line after a sharp drop of 30% in the past two or three weeks.
Polysilicon prices plunged The data learned by the Silicon Chapter indicated that the price of polysilicon continued to decline. The latest price quoted on June 1 was between RMB 410,000 and RMB 500,000 per ton, compared with RMB 450,000/ton to RMB 550,000 per week. /Ton.
The increase in polysilicon prices in the current round began in July last year. The recent price fell back to the level before the current round of price increase cycle; however, due to the dramatic increase in production costs, the pressure on manufacturers has been greater than a year ago.
The Silicon Industry Branch stated that in the first half of 2010, domestic polysilicon prices were maintained at around 400,000 to 450,000 yuan per ton, but at the time the oil price was between 75 and 85 US dollars per barrel, and the price of trichlorosilane was about 7,500 yuan per ton. 8,000 yuan; while the current oil price has risen to more than US$100/barrel, the price of trichlorosilane has reached 11,000 yuan per ton, plus the price of electricity has increased by 0.02 yuan to 0.1 yuan over the same period of last year, and the production cost of the company has been significantly raise.
From the industry polysilicon manufacturers feedback information, although the manufacturers are not uniform, but the actual transaction price has dropped to 380,000 yuan / ton. After inquiring several companies in Sichuan, Jiangsu and other major polysilicon industrial bases in China, the Silicon Division learned that most of the current domestic polysilicon companies have entered a loss state.
In fact, polysilicon prices have continued to fall rapidly both in the international market and in the domestic market in recent days. In the international market, the single-week decline in polysilicon exceeded 9% and 7% respectively in the last two weeks. On May 25th, the spot price has fallen from more than 80 US dollars/kg in early May to less than US$60/kg. This kind of downtrend has not shown signs of stabilizing at present. Researcher Tang Xiaodong of Monita told reporters that although the latest week's quotation has not yet been released, it should have fallen below $55.
On the domestic front, the data released by the Silicon Industry Branch shows that by May 10, the mainstream quotes have remained stable at 660,000 yuan/ton to 710,000 yuan/ton, which is in line with the “30% drop in polysilicon prices in the past three weeks†known to the industry. .
SOUTH EAST (ASIA) LIMITED , http://www.chheadphone.com