The
company
has
unveiled
plans
to
build
a
new
30,000
tonne
plant
in
Hohhot,
Inner
Mongolia,
meaning
LDK's
total
production
capacity
is
set
to
reach
55,000
tonnes
by
the
end
of
2013.
The
announcement
came
as
prices
for
polysilicon
–
the
key
raw
material
in
most
PV
modules
–
hit
an
eight-year
low,
as
European
demand
remained
weaker
than
expected
for
an
industry
already
facing
oversupply.
Polysilicon
sold
on
the
spot
market
fell
to
$34.51/kg
in
the
week
to
31
October,
according
to
figures
from
Bloomberg
New
Energy
Finance.
Recharge
understands
that
spot
prices…