The spot price of polysilicon plunged by another 9% in October, its sharpest monthly drop in more than six months, as both short- and long-term buyers pulled back from the market, according to market researcher IHS iSuppli
The fall came even as lower tier Chinese polysilicon manufacturers reined in production, says senior IHS PV analyst Glenn Gu.
Gu forecasts another drop in November before the market finds its legs in December and January – a “potential rebound” likely to be driven by expectations across the PV sector of better times ahead in 2013.
But
