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China’s solar anti-dumping actions have been activated; this week’s polysilicon price remains stable

published: 2013-07-25 10:56

Ministry of Commerce of People’s Republic of China (MOFCOM) announced a few days ago that they will start to impose anti-dumping tariffs on the polysilicon products made in USA and Korea since July 24th. China’s spot market is the first to react to it after several days of observation. There are rumors which said that some Chinese manufacturers may revise the price upward. According to EnergyTrend, a research division of TrendForce, current polysilicon price in China remains stable. However, downstream buyers can’t seem to accept the price being raised. On the other hand, Taiwanese manufacturers have started to contact US suppliers after the policy has been announced, hoping to see if the price can be revised downward. EnergyTrend believes that since the grace period for Chinese modules shipped to Europe is coming to an end by August 6th and buyers/sellers also need some time to discuss how they are going to share the deposit towards polysilicon shipped to China, the market is still in wait-and-see mode before the end of July. Things may not be clear until the result is finalized in August. 

Judging from the spot market’s overall performance, like mentioned above, sellers’ price revision is just some rumors to test the market reaction. In fact, the price hasn’t changed significantly. This week’s polysilicon price remains stable. For silicon wafer, the market is still waiting to see the future development. Since buyers are not willing to place orders and sellers are not going to lower the price, this week’s silicon wafer price remains steady. For cell, price of Chinese manufacturers continues to drop. In addition, mono-si cell price has also droppeds and causeds the average price to continuously declines. For module, because Chinese manufacturers have revised the price downward and most of the second/third-tier manufacturers have started to clear out the inventory, this week’s price comes to $0.688USD/watt.

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