China’s Solar Self-Discipline Sparks Rise in Key Material Price
- Manufacturers commit to controlling output to stem losses
- Demand growth is expected to slow dramatically this year
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Chinese prices of polysilicon used in solar panels have turned higher, as industry-led efforts to solve oversupply begin to bear fruit.
Prices rose 2.2% on the week to 45,000 yuan ($6,139) a ton on Wednesday, the China Silicon Industry Association said in its latest evaluation. The market is now at its strongest since May, according to a separate assessment from PV Infolink.