A new analysis from iSuppli forecasts that the price of polysilicon will begin a "precipitous plunge in 2009 after peaking this year," as the supply of the raw material exceeds demand. At fault, according to the research firm, are "fundamental imbalances in the solar supply chain."
The 27-page report, "Immature Photovoltaic Supply Chain to Result in Major Polysilicon Price Volatility," says that the global poly supply will likely double in 2009, while demand will increase by only 34%. Although poly demand will continue to exceed supply in aggregate next year, the sharp increase in supply will cause poly pricing to fall.
After peaking at as high as $500 per kilogram this year and suppliers largely dictating terms to customers during a three-year price rise, the report sees the average spot market price for poly dropping next year to as low as $200 per kilogram.
Posts
No comments:
Post a Comment