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<Research>Citi: Sustainability of Polysilicon Price Hike Contingent on Effective Policy Implementation
This week's polysilicon market price increased by 11-12% to RMB38-40 per kilogram compared to the previous week, according to Citi's research report.Over the past two weeks...
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<Research>Citi: Sustainability of Polysilicon Price Hike Contingent on Effective Policy Implementation
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This week's polysilicon market price increased by 11-12% to RMB38-40 per kilogram compared to the previous week, according to Citi's research report.

Over the past two weeks, the polysilicon market price has cumulatively surged by 18-21% on the back of the Chinese government's measures to prevent below-cost competition. However, the price increase still awaits acceptance from downstream customers due to their lower purchasing power.

Related NewsFixed Asset Investment (YTD) YoY for Jun in China is 2.8%, lower than the previous value of 3.7%. The forecast was 3.7%.
Citi believes that the sustainability of the polysilicon price hike will depend on the implementation of effective policies to regulate price competition and excess capacity in the solar industry.

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