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Polysilicon Price Trend and Forecast

Regional Price Overview

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

Asia

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.

Polysilicon Price Trends and Forecast

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.

Europe

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.

North America

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.

Analyst Insight

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.

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About

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+%.

Product Details

Report Features Details
Product Name Polysilicon
Chemical Formula Si
Industrial Uses 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.
Synonyms poly-Si, or polycrystalline silicon
CAS Number 7740-21-3
Molecular Weight 28.08 g/mol
Supplier Database OCI, SUMCO Phoenix Corporation, Sichuan Yongxiang Co. Ltd (Tongwei Co. Ltd), GCL-TECH, DaqoNew Energy Co. Ltd., Wacker ChemieAG
Region/Countries Covered 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
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


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.

Production Processes

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.

Methodology

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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Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

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Subscribe to Unlock Access

  • Price Across Multiple Locations
  • Market Insights
  • Download Data in Excel Format
  • Short Term Price Forecasts
  • Prices of More than 400 Commodities and Utilities

Get in Touch With Us

flag
UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

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