China Solar Silicon Production Curbed 30% to Lift Prices: Energy

16 Feb. 2012 by

BLOOMBERG - China’s polysilicon industry, the biggest supplier to the world solar-panel industry, have idled about 30 percent of production and won’t resume until prices recover from a 60 percent plunge.

The tumble spurred the smallest including units of Baoding Tianwei Baobian Electric Co. (600550) and Dongfang Electric Corp. to halt plants, according to Xie Chen, an analyst from the China Nonferrous Metals Industrial Association, a trade group that advises the government. China has about 45 percent of the world’s polysilicon production capacity.


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