The European demand of PV market declining and all the price dropping off

April 01, 2011

The European demand of PV market declining and all the price dropping off The crisis of nuclear leaks caused by the earthquake in Fukushima Japan has not over yet, and the multi-national nuclear power development strategy for their re-evaluation has not ended yet, but the good situation of "European Clear Energy Development Strategy "in favor of PV industry has not emerged yet. In opposition to what the market had expected, the watch-and-wait atmosphere has expanded and the demand of downstream has decreased due to the uncertain subsidy policy. In industry chain, the quotation of international photovoltaic products and the spot price of poly silicon in our country have declined in different degrees. The quotation of photovoltaic products fell on all fronts A reporter got the information from the China Nonferrous Metals Industry Association on the 29th day that the price of polysilicon started a new round of increasing since last winter, but a slight decline emerged in last week. The current mainstream market quotations are at 71 Yuan/ton to 75 Yuan/ton, each ton price generally fell down 10 to 20 thousand. Despite the reduction is modest, the reasons for the price adjustment is worth to be paid attention. A analyst Xie Chen said the reasons which domestic polysilicon manufacturer fed back are the falling prices of PV modules in Europe, the polysilicon prices fell slightly caused by reduction of downstream shipment. The price information on the site PVinsight shows that all the quotation of international PV products have declined since March 23, such as polycrystalline silicon wafer, monocrystalline silicon wafer, solar cells and solar modules, all these products’ price have declined in different degrees. On the other hand, the imports of polysilicon also have a obvious fluctuation. The Customs statistics show that the imports quantum is 3316 ton in February, up 25.3% over the same period of last year, but compared with January of this year, it has declined 39.9%. The cautious attitude of European PV manufacturers The industry researchers’ interpretations are unanimous for recent changes of PV market. Xie Chen said the main reason for the imports reduction is the companies vacation in that month, Moreover, the poly silicon manufacturers have been completed their winter regular overhaul, the capacity will gradually recover and the domestic production will increase gradually. This is one of the reasons of the polysilicon’s spot price declining. Xie Chen also pointed out that the price decline is relative with the reduction of European demand. A clear Italian policy of PV has not introduced yet, the market worries that the government will regulate and control install capacity in 2010. The European PV manufacturers are cautious; they don’t dare to make a large purchase before new policies appearing. It reduces the European demand, thereby affecting the price. General aspects of the recent trends in Italy, although the 8GW last year upper limit of install capacity has been cancelled, the subsidy may be cut 30%, and follow the example of Germany to switch on the decline the subsidy system(it is based on the actual cost to adjust), According to the estimation of analyst Chen Hui, if the Italian photovoltaic subsidies decline 30%, the modules price may fall off around 20%, and this trend will also affect the upstream products such as the silicon wafer and solar cells, the price will reduce continuously. by lijie.su Oviera Solar