The Solar Demand of Forth-quarter is Probably Unable to Reverse Oversupply Situation

[China Glass Network] Upstream and downstream solar companies are holding negotiations on the forth-quarter price, with the whole supply chain price trend going down. However, the most important determination factor is the price of poly-silicon. As reported by GCL-Poly Energy Holding Ltd, they will reduce the price to meet the needs of market. it will exert negative influence on solar silicon and battery companies who are unable to offer poly-silicon dependently.

According to industry sources, it is predicted that the current mainstream product of china market, solar silicon wafer will depreciate to $1.6 in forth-quarter from the current $1.80-1.85 price.

In addition, the predicted demand of forth-quarter will exceed that of third-quarter, due to the further decrease of incentive measures in 2012. Nevertheless, the demand of the forth-quarter will not be able to solve the present over-supply situation.