Polysilicon Spot Price Dropped 2.6% Last Week, BNEF Data Shows

The price of polysilicon, the raw material used to make most solar panels, dropped 2.6 percent last week, adding to almost three months of continuous declines, according to Bloomberg New Energy Finance.

The material’s average spot price was $23.17 per kilogram last week compared with $23.78 a week earlier, a survey by the London-based research group showed today. The price, which tumbled by two-thirds during 2011 on oversupply issues, is down about 15 percent this year.

To contact the reporter on this story: Marc Roca in London at mroca6@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.