The spot price for polysilicon reached $114 per kilogram early in March.
China imported 5,521 tons of polysilicon in January, representing a year-on-year rise of 74.8%, according to the latest stats released by the General Administration of Customs. The figure is 40% above the 2010 average monthly import, which was approximately 3,958 tons, providing evidence that the material is in tight supply across the country.
The domestic supply shortages are attributable to a production halt as a result of routine year-end audits performed by major polysilicon makers in China before the Chinese Spring Festival break. Polysilicon imports in February were high as well.
Tight supplies of polysilicon, which is used in the manufacture of solar PV modules, is experiencing rapid price hikes. The spot price for polysilicon reached $114 per kilogram early in March—an increase of nearly 100% from the end of last year.
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