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Polysilicon Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Polysilicon in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Polysilicon Price Trend for the First Half of 2023
The production activities and market trend of polysilicon are dependent on its feedstock silicon. In the first quarter, the slowdown of downstream sectors caused a significant rise in the stockpile levels. The market was also quiet due to the Lunar New Year holidays in China and the lower appetite of consumers.
In March, the production rates also slumped, resulting in the sluggish nature of the overall polysilicon market. With the commencement of the second quarter, the decline in prices also accelerated. The buyers became more hesitant to place orders in bulk due to the weak condition of the economy.
In European countries, the prices of polysilicon followed a bearish trend throughout the first and second quarters of 2023 as the interest in the automotive and downstream aluminum alloy industries took a dip. The fall in the cost of energy production helped the market to maintain its momentum, but the negative trading activities hampered the growth of the polysilicon prices. In the second quarter, the financial indicators indicated that the European markets were moving forward to a phase of recession that eventually led to the downfall in the price trend of polysilicon.
The decline in the polysilicon price trend in the first and second quarters of 2023 was caused by the rising cost of production, reduction in earnings, expensive labor, and low interest of buyers in this sector. Further, the failure of two major banks in the region led to a rise in pressure on the market activities of polysilicon and was a significant cause behind the decline in its prices. The supply-demand gap widened in the second quarter as a result of consistently rising inventory levels and the underperformance of the whole US market.
According to Procurement Resource, the price trend of Polysilicon is expected to remain on the negative side due to low support from the downstream industries and plunging overall global polysilicon market sentiments.
Procurement Resource provides latest prices of Polysilicon. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Polysilicon is the most standard material comprising various smaller silicon crystals or crystallites used for developing surface-micromachined devices. It has the same properties as single-crystal silicon, which can be doped by adding impurities. It is probably the purest element on the planet, with a purity of 99.9999999+%.
|In the semiconductor industry, for charging Silicon-based photovoltaic cells (PV Cells), as a resistor, as the active and doped layers in thin-film transistors, as the conducting gate material in MOSFET and CMOS processing technologies, as the raw material in Czochralski process and Bridgeman technique.
|poly-Si, or polycrystalline silicon
|OCI, SUMCO Phoenix Corporation, Sichuan Yongxiang Co. Ltd (Tongwei Co. Ltd), GCL-TECH, DaqoNew Energy Co. Ltd., Wacker ChemieAG
|Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|US$ (Data can also be provided in local currency)
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|The report can be customized as per the requirements of the customer
|Post-Sale Analyst Support
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Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The manufacturing process of polysilicon is a multi-step process, which marks its beginning with the reaction of metallurgical grade silicon and hydrogen gas in a reaction chamber, where the reactants are heated forming silane gas. The gas further undergoes decomposition in a different chamber, thus leading to silicon deposition onto polysilicon seed rod, which is then pulled up. Finally, the rod is annealed, crushed, and sorted removing impurities to give pure polysilicon.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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Phone:+1 307 363 1045
Phone: +91 1203185500
Phone: +44 7537 132103