20 January 2011 09:33 [Source: ICIS news]
SINGAPORE (ICIS)--China, the world’s top energy user, is estimated to have imported around 45,000 tonnes of polysilicon last year, while domestic production was seen at 40,000 tonnes, industry sources said on Thursday.
“Supply of polysilicon is tight in China. Demand is growing because of rapid expansion of solar cell and wafer manufacturers,” said a trader, adding these players would require more polysilicon.
Polysilicon is the main material used in solar cells and panels.
A 2,000-tonne spot cargo of polysilicon was traded in China at about $81/kg (€60/kg) ex-wharf for prompt January delivery, traders said.
Domestic Chinese polysilicon makers include Jiangsu Shunda, LDK Solar, Sichuan Yongxiang, Jiangsu Zhongneng, Luoyang Zhonggui, Asia Silicon, Sichuan Xinguang, Wuxi Zhongcai, Dongfang Turbine, Chongqing Daquan, and Inner Mongolia Shenzhou Silicon, according to industry sources.
Polysilicon sits on top of the photovoltaic supply chain. It is derived from metallurgical-grade silicon via chemical processes.
One megawatt of photovoltaic power requires seven tonnes, or 7,000kg, of polysilicon material. Polysilicon is traded in chunks, rods and granules.
($1 = €0.74)
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections