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China’s $7 billion consolidation plan may be reflected in prices in short time
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China's reported $7 billion overcapacity reduction plan for polysilicon could cause wafer manufacturers to hoard cheaper materials and raise prices, with cell and module manufacturers more willing to accept price increases, explains Xin You, Senior Market Analyst at S&P Global, to pv magazine. by pv magazine Global China's six largest polysilicon producers reportedly develop a $7 billion plan for buying and closing production capacity to reduce …
China’s $7 billion consolidation plan may be reflected in prices in short time
China’s reported $7 billion plan to cut polysilicon overcapacity could prompt wafer makers to stockpile lower-cost material and push prices higher, with cell and module suppliers more willing to accept increases, Xin You, senior market analyst at S&P Global, tells pv magazine.China’s six largest polysilicon producers are reportedly developing a $7 billion plan to reduce oversupply and stabilize prices. If implemented, the move could lift prices …
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