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Chinese PV industry’s polysilicon imports decline to 50% of demand

On August 12th, 2011, CCM International Ltd. (Guangzhou, China) announced a new report on China’s polysilicon production and markets, which estimates that the proportion of imported polysilicon used in the solar photovoltaic (PV) industry has declined to around 50%. CCM will publish “China’s Polysilicon Market in Solar Photovoltaic Industry” in August 2011. The report also observes that domestic Chinese polysilicon has been under-utilized because it does not offer cost or quality advantages over imports. “Driven by abrupt increase of demand, price of polysilicon has been edged up since March 2010,” declared CCIM in a press statement. “But the basic situation of overcapacity in China has not been changed, mainly because of the immature processing technology.” CCIM sees promise for future of Chinese industry. The report offers an analysis both of the current state and future scenarios for Chinese polysilicon production and markets over the next five years. CCIM expresses confidence in a strong future for China’s polysilicon industry, citing very significant investments, strong down-stream demand, and technological breakthroughs.

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