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[Alpha Biz=(Chicago) Reporter Kim Jisun] Prices of polysilicon for solar energy, which hit the lowest level of the year, have recently rebounded. A
nalysts say OCI Holdings, which has been feared to suffer from worsening profitability, is also out of its worst phase.
According to market researcher PV Insight on the 25th, the average transaction price of polysilicon for solar energy stood at $ 8.2 per kilogram as of the 19th. It peaked at $28.76 per kilogram in February this year and continued to decline, and prices of solar polysilicon, which fell to $7.7 at the end of last month, have recently rebounded, ending the decline.
The drop in polysilicon prices has been largely due to large-scale expansion by Chinese companies.
Expectations are also growing that OCI Holdings, the nation's only polysilicon producer, will reap reflective benefits as the U.S. has recently moved to ban imports of virtually all Chinese products, such as restricting imports of solar modules using Chinese polysilicon produced in non-growth areas.
Currently, OCI Holdings' polysilicon for solar energy is twice as high as those made in China. As of April, Chinese polysilicon was $ 14, while non-Chinese was $ 28.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
