SSX BREAKING NEWS BLAST - 11/10/2021
Longi raises wafer price >5.5% from mid-Sep
G1 @RMB5.53($0.757)/pc (+5.5%)
M6 @RMB5.73($0.784)/pc (+7.3%)
M10 @RMB6.87($0.94)/pc (+7.2%)
https://en.longi-silicon.com/index.php?m=content&c=index&a=lists&catid=299
Polysilicon in China quoted RMB300/kg
"Many companies have reported that they have suspended business and are afraid to take orders because there is no profit margin. Those who have signed the contract can only bite the bullet and do it."
https://mp.weixin.qq.com/s/HJl_h3VdmD09NAqGp4XF4A
Utterly terrible.
Time to go on a holiday...?