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CMIC: China's polysilicon production will reach 290,000 tons in 2014

The latest release of CMIC (China Market Information Center) : The booming rise of China's polysilicon industry benefits from the global photovoltaic industry spurt development, the strong market demand has greatly promoted the development of China's polysilicon industry, in just a few years, China's polysilicon industry can develop so quickly, and the distance with the international advanced level is gradually narrowing. Since 2006, lured by the market's virtual high price and short-term profits, China has set off a wave of polysilicon project construction, the scale and investment can be called the world's largest. China's polysilicon production was only 60 tons in 2005, 287 tons in 2006, 1,156 tons in 2007, but skyrocketed to more than 4,000 tons in 2008. By the end of 2009, the total designed capacity of completed polysilicon projects in China was 44,000 tons, and the designed capacity of projects under construction was 68,000 tons, totaling about 112,000 tons.

In 2010, China's polysilicon solar industry is enjoying a second spring after experiencing the peak of 2006-2007 and the trough of 2008-2009. In 2009, China's polysilicon production reached 20357 tons, sales revenue nearly 9 billion yuan, polysilicon industry prosperity index rose, enterprise confidence gradually recovered. In 2010, with the strong recovery of overseas market, polysilicon entered a new round of production heat, traditional industry companies and new companies have embarked on production projects. Polysilicon prices picked up again, as of now has exceeded $100 kg. Due to the recovery of the photovoltaic industry in 2010, all the products in its industrial chain, such as solar cell silicon wafers, cell wafers, modules, etc., are in short supply.

From the industry as a whole, the current polarization trend of domestic polysilicon industry is obvious, industry standards are ready to emerge, industry integration is imminent. High purity polysilicon is the basic raw material of the electronics industry and solar photovoltaic industry. In the short term, it is impossible for other materials to replace silicon and become the main raw material of the electronics and photovoltaic industry. According to the analysis of CMIC from 2012 to 2014, the global PV installed volume is expected to maintain a growth rate of 20%-25%. In terms of technology, the market is still dominated by crystalline silicon technology in the short term. CMIC experts expect a compound annual growth rate of 16% for polysilicon supply from 2010 to 2014, reaching 290,000 tons in 2014.

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