China Solar Silicon Production Curbed 30% to Lift Prices: Energy
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China’s polysilicon industry, the biggest supplier to solar-panel manufacturers worldwide, has idled almost one-third of production and may keep the plants closed until prices recover from a 60 percent plunge.
The price tumble spurred the smallest producers including units of Baoding Tianwei Baobian Electric Co. and Dongfang Electric Corp. to halt plants, according to Xie Chen, an analyst from the China Nonferrous Metals Industrial Association, a trade group that advises the government. China has about 45 percent of global production capacity to purify silicon into polysilicon.