China-based solar wafer makers, in the wake of increasing polysilicon output from local suppliers who are expanding production capacities, are ready o ask for price reductions for the material by at least 5% after Lunar New Year in early February, according to industry sources.
Many China-based polysilicon makers have set up new production lines in Xinjiang, Inner Mongolia and Sichuan to capitalize on lower power prices and better support from local governments, the sources said.
Makers setting up new production liens in Xinjiang include GCL-Poly Energy, Xinte Energy, East Hope and Daqo New Energy; those in Inner Mongolia include Yongxiang, Tongwei, Shenzhou Silicon Industry and Inner Mongolia Eerduosi Resources; and those in Sichuan include Yongxiang and Tongwei.
New production lines with annual capacity of about 148,000 tons in these regions became operational in second-half 2018, the sources indicated.
Article translated by Adam Hwang
