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Solar polysilicon spot prices fell another 9% in October, estimates IHS iSuppli - that's the...

Nov. 19, 2012 5:57 PM ETSunEdison, Inc. (SUNE) StockSTP, LDK, SUNEBy: Eric Jhonsa, SA News Editor
Solar polysilicon spot prices fell another 9% in October, estimates IHS iSuppli - that's the fastest rate of decline since February, and brings the total drop since that time to above 40%. Analyst Glenn Gu thinks a slight bounce will happen at the beginning of 2013, but still sees the overall supply/demand balance as unfavorable, and expects prices to start falling again later in the year. Polysilicon vendors MEMC (WFR +6.6%) and LDK (LDK +3.3%) rallied today, but 2012 still hasn't been kind to them.

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