The story appears on

Page A15

October 10, 2012

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » IT

China's polysilicon imports jump 33%

CHINA'S polysilicon imports jumped during the first eight months of 2012 but prices slid, further squeezing profit margins for domestic companies, official data have indicated.

China imported 56,000 tons of polysilicon, a raw material used to make solar cells, in the first eight months, up 32.8 percent annually, with import prices averaging US$26.92 per kilogram, down 54.2 percent compared with last year's average import prices, according to a statement posted on the website of the General Administration of Customs.

South Korea, the US and Germany accounted for 87.8 percent of China's polysilicon imports in August.

However, the average import prices from South Korea and Germany fell from the previous month to US$23.33 per kg and US$29.0 per kg, respectively, the statement said.

"The imports, which were sold at lower prices than locally produced polysilicon, have severely affected China's domestic polysilicon business," said an analyst with China Nonferrous Metals Industry Association.


IT



 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend