China’s photovoltaic market has shown tentative signs of stabilization over the past month, following an extended period of sharp price declines across the supply chain. The China Mono Premium – OPIS’ assessment for mono-grade polysilicon used in n-type ingot production – remained unchanged for a fourth consecutive week at CNY 34.071 ($5)/kg, or CNY 0.072/W. Before this stabilization, the benchmark had declined continuously for several weeks beginning in late February, falling by more than 33% from end-February levels.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

The price decline is attributable to continued inventory pressure and the restart and ramp-up of output by some producers in June, which have reinforced expectations of rising…

China’s photovoltaic market has shown tentative signs of stabilization over the past month, following an extended period of sharp price declines across the supply chain. The China…