By Letha Tawney, Celina Bonugli and Daniel Melling - October 27, 2016
The price uptrend of polysilicon persists this week. After experiencing the inventory selloff in September, the inventory pressure forcing listed producers to lessen stock levels by offering price discounts is largely relieved. Meanwhile, the demand in the downstream has also seen noticeable improvement. The polysilicon makers in China have seize the timing to spike the prices since October. Moreover, several Chinese polysilicon makers are conducting annual maintenance that have raised the speculation of limited overall supply and contributed to the uptick in price as well. On the other hand, the non-Chinese polysilicon makers, who responded to the price uptrend not as faster as Chinese rivals in the previous weeks, have accelerated the pace on increasing the quotes this week as to trim the gap with polysilicon prices in China.
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Centre for Incubation, Innovation, Research & Consultancy - (CIIRC), Jyothy Institute of Technology & ALTA Energy Technologies Private Ltd has signed a strategic partnership agreement to strengthen their collaboration around existing R&D projects.
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After a long streak of losses, solar panel prices eventually stabilize this week. Major module manufacturers have been squeezed by the rapidly increasing prices of cells and wafers so as to leave the solar panel prices unchanged, although they are actually planning to adjust their prices upwards, particularly in the regions where solar panel prices were mostly suppressed, such as China and India. Although the demand improves globally, it is still fragile. As a result of a mild demand recovery, major module makers hesitate to raise the prices immediately, leading the solar panel prices to stabilize this week.
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