polysilicon pricing

Polysilicon prices dropped across the board as of 8 May, according to the latest report from metals market research company Shanghai Metals Market.

German chemical group Wacker Chemie has started the first quarter of 2023 with lower polysilicon sales volume.

The Silicon Industry Association has reported that silicon wafer prices have continued to fall due to an oversupply of silicon.

On April 12, the Silicon Industry Branch announced the latest solar-grade polysilicon prices, which were between RMB190-200/kg on average, with the lowest price set at RMB180/kg (US$26.2/kg).

On April 6, TCL Zhonghuan announced its latest silicon wafer prices, which saw a general downwards trend despite module prices recovering.

PV module prices are set to fall considerably in the next five years, though US market prices will remain higher than the rest of the world as its import policies and ongoing competition with China add a market premium.

On March 22, the Silicon Industry branch updated the latest silicon price information, which maintained a descending trend.

On 8 March, the Silicon Industry Branch updated the latest information on silicon material prices, which have fallen by as much as 4.8% year-on-year.

Higher polysilicon average selling prices (ASP) have led polysilicon producer Daqo New Energy to register a record US$4.6 billion in revenue in 2022.

Bank of China Securities has issued a research report which stated that the PV industry chain price has stopped rising and may even drop in the future.