INDUSTRY NEWS

Silicon prices hit new low for 2024, down 43% since start of year

2024-07-11

Polysilicon prices continue to remain at low prices. Image: Wacker

According to the latest data from the Silicon Industry Branch of the China Nonferrous Metals Industry Association, the lowest transaction price for mono dense material has dropped to RMB33,000/ton (US$4,535), a 43% decrease from the price at the beginning of 2024, setting a new low for the year.

It is not only much lower than that of the beginning of the year (RMB58,100/ton), but also falls below the production costs of a number of companies, triggering widespread concerns in the industry.

(The above content is reproduced from pv-tech,By Carrie Xiao)

 

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