According to the price curve, the spot price of polysilicon last week fell by 4.1% from the previous week to 24.70 yuan per kilogram, while the previous week's decline was 2.1%, showing that the decline was significantly increased last week. The price of solar photovoltaic modules fell by 1.7% to 87 cents per watt.
London-based Bloomberg New Energy Finance said that as polysilicon manufacturers such as GCL-Poly Energy Holdings have increased their production in the past year, the production of polysilicon raw materials has exceeded the demand for PV modules and caused excesses, eventually bringing spot prices at In the past year, it has fallen by two-thirds.
In addition, solar cell prices fell by 1.1% to 46 cents per watt, while 6-inch polysilicon solar wafers fell 2% to $1.09 per piece.
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