Solar polysilicon prices, long in freefall, are likely to stabilize after falling another 6% by...

|By:, SA News Editor

Solar polysilicon prices, long in freefall, are likely to stabilize after falling another 6% by mid-2013, according to a Bloomberg analyst poll. Top polysilicon suppliers have stopped adding capacity, if not cut output, though Barclays estimates the industry's annual capacity still stands at 40GW-45GW, well above expected 2012 demand of 31GW. LDK Solar (LDK), Suntech (STP), and MEMC (WFR) have been hit hard by industry oversupply - LDK has been trying to lower its cost profile by restructuring.