From Tech Trader Daily:
Polysilicon prices are falling rapidly, thanks in no small measure to a serious slowdown in the chip sector. And that’s good news indeed for solar companies.
Dan Ries, an analyst with Collins Stewart, reports today that polysilicon prices have declined about 20%-30% over the past three weeks. In a research note, he says that prices for high purity polysilicon are down about $100/kg to about $300/kg. Ries notes that he has been expecting a drop in poly pricing by mid-2009, but that it is hitting sooner than expected due to the slowdown in the semiconductor business...MORE
