Bernreuter Research: polysilicon industry to resume growth in 2013

  Industry update

According to polysilicon market research firm Bernreuter Research, global polysilicon net demand, including that of the semiconductor industry, but excluding the consumption of inventories, will amount to approximately 250,000 metric tons (MT) this year.

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The global polysilicon industry is expected to return to growth and increase its production in 2013
A recent report from polysilicon market research firm Bernreuter Research on the global polysilicon industry, states that it will return to the path of growth and increase its production by 6.5% in 2013.
Bernreuter projects that global polysilicon net demand, including that of the semiconductor industry, but excluding the consumption of inventories, will amount to approximately 250,000 metric tons (MT) this year.
The report predicts spot price to rebound to a level of US USD 20 to 25/kg by the end of 2013.
According to the company, polysilicon manufacturers will profit from the slightly accelerating growth of their largest customer, the PV industry, which makes up almost 90% of total polysilicon demand.
Johannes Bernreuter, head of Bernreuter Research, forecasts new PV installations to reach 35 to 37GW in 2013, with China, Japan and the US taking the place of Germany and Italy as PV growth locomotives.
In 2012 the polysilicon industry was hit hard by overcapacities and a large inventory of 25,000 MT resulting from a production surplus in 2011. Wafer manufacturers in financial difficulty also dumped their polysilicon stocks on the spot market in order to retain liquidity.
The wave of secondary sales from wafer companies and traders accelerated the slump of the spot price: the average rate for high-purity polysilicon dropped 47% to a record low of USD 15.35/kg in 2012 after it had already lost 59% in 2011.
Since September 2011, the severe price decay has forced about 50 small and...






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