China polysilicon prices fall 51.8% year-on-year amid supply glut

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.China Mono Grade, the OPIS benchmark assessment for polysilicon prices in the country, fell to CNY60.25 ($8.40)/kg) on Jan.16, down 51.8% year-on-year amid a growing supply glut. Overall market sentiment remained bearish with many market participants expecting further price cuts ahead of the Lunar New Year festivities in early February. Polysilicon prices were in the range of CNY54-65/kg, OPIS learnt during its weekly market survey. China produced a total ...

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