Yang Saifen: Market Mechanism of Supply and Demand Imbalance in Solar Energy Industry Needs to Return to Normal

Fu Ju, chairman of the company, Yang Saifen, said yesterday that for the battery plant and solar silicon epitaxial wafer plant to continue to appeal to the upstream raw material polysilicon to lower prices, the price of polysilicon will respect the market mechanism, but the imbalance between the industry supply and demand to solve the problem, so that the market mechanism back to normal, Polysilicon prices alone cannot fundamentally solve the problem.

Chairman of Fu Fo Neng Yang Saifen Yang Saifen yesterday (4th) attended the PVTaiwan International Photovoltaic Expo before a press conference that the solar energy industry is like a newborn baby, and the growth rate is very fast. Therefore, overcapacity will occur at some stage. When the industry enters adolescence, it will gradually move toward stability. It is still optimistic about the industry for a long time. Now it is only a short-term imbalance between supply and demand. Yang Saifen also said that the current polysilicon market price is still more than 40 US dollars per kilogram, whether it will lower prices in the future, she can not predict, but Fuju respect the market mechanism.

According to Hong Chuanxian, President of the Taiwan Solar Photovoltaic Industry Association and General Manager of New Sun, yesterday (on the 4th), from the perspective of polysilicon to the overall supply chain of the system installation, the profits of the solar industry are actually very high, but the distribution is not evenly distributed. Some people make profits and there are people. Losing money, in the current market price pressure, the future should make all aspects of the supply chain can enjoy a reasonable profit.

Fuju has confidence in the future. The construction of the second plant Yang Saifin also added that the main problem now is overcapacity and the imbalance between supply and demand. Now the most important thing is to adjust the market mechanism to solve the problem of overcapacity and solve the current problem. With the loss of solar plants, polysilicon is not the only way to cut prices.

Yang Saifen pointed out that the industry's recurrence of downstream breach of contract is not getting goods. In the face of a fierce market, Fuju is now signing long-term supply contracts based on quantity in order to create a win-win situation with customers and maintain long-term partnership. Facing the market's long-term bearish price of polysilicon, Yang Saifen also added that the price of polysilicon depends on the market. In the future, the production capacity will continue to expand. With the increase in shipment volume, the cost structure will also be synchronized down to the current annual production capacity of Fukeneng with a capacity of 5,000 metric tons. Out of about 90%, after debottlenecking, the end of the year should reach 8,000 metric tons; as part of the 2 plant is already in the planning, construction is expected to start next year.

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