Because the negotiation of the China AD ruling against US polysilicon between US and China government did not went well, there is a big chance that the polysilicon shipped from US to China will be imposed on dumping margin after 31st December of 2014.

Overall polysilicon price drops this week due to the China AD ruling against US polysilicon. Because the negotiation of the China AD ruling against US polysilicon between US and China government did not went well, there is a big chance that the polysilicon shipped from US to China will be imposed on dumping margin after 31st December of 2014. Hence, polysilicon traders start to dump the US polysilicon in Hong Kong to avoid the dull sales and put pressure on China domestic polysilicon price. Besides, as polysilicon buyers think the price downtrend of polysilicon will continue, they do not make any big procurement now and anticipate to buy polysilicon after the price went down further. As a result, polysilicon price falls notably.
Overall module price stands still this week. In Japan, while the solution of the suspension of solar power grid connection remains unclear, the stable demand for residential solar power systems and the optimistic expectation of demand in 1Q15 make the domestic price unchanged this week. In India, with the approaching hot season, module demand turns up moderately. Also, since the deadline of grid connection defers to the middle of January 2015 in China, Chinese domestic demand maintains solid but is not strong enough to push up the price any further. Therefore, with the strong demand in China and India, module price sustains.
Multi cell price is flat but mono cell price declines this week. Thanks to solid China demand and stable multi module price at this moment, multi cell price is still on the plateau. The same as multi module price, China demand is not robust enough to drive up multi cell one. Moreover, major solar cell makers are still running their capacity with high utilization rate and shipping their production assuredly. On the contrary, the slow season in EU, Japan and the US drags down mono cell demand as well as mono cell price moderately.
Multi wafer price is unchanged but mono wafer price decreases this week. Although wafer buyers wish multi wafer price follows polysilicon price trend to drop, the solid demand and stable multi cell price in China have multi wafer price constant. Moreover, major wafer suppliers are still strongly offering their products with stable price and the second tier ones also follow closely. In contrast, influenced by the weak demand in EU and Japan, mono wafer price stays downtrend this week, when major mono players offer low prices.