Price for poly-silicon increased by 15 percent 2013

Figures from PPIcn show that polysilicon price has increased by 15 percent this year. After Warren Buffett acquiring solar energy station in U.S., the PV industry may go over its winter when polysilicon price increase with a large range. Some institutions said that the industry has already got the chance to rebound.

 

Figures show that since the begining fo 2012, the price of polysilicon decreased by more than 50 percent, and now the price also decreased by 40 percent compared to highest price. In the 46 listed PV companies which has published earnings pre-announcement, 19 companies' profits will decrease, 17 companies will have a loss.

 

With the price increase of polysilicon, stock price of related companies also increased, but with an average slight increase. Only several companies including Sanxin (002163.SZ), North Electro-Optic Co.,Ltd.(600184.SH),Hareon Solar Technology Co., Ltd.(600401.SH) increased by more than 20 percent.

 

The capital injection of Buffett to solar energy industry has caused a PV tide in the overall stock market. And the price up of polysilicon has also warmed up the industry. With the policy support, PV industry may have a recovery after the drop in 2012.