In March 2016, China's polysilicon imports hit a record high

According to the latest customs statistics, China's polysilicon imports reached a record high in March 2016, reaching 13,866 tons, an increase of 33.
7% month-on-month, and the cumulative import of polysilicon in the first quarter was 36,625 tons, an increase of 34.
8%
year-on-year.

It is understood that the reasons for the total import volume in March to hit a record high are: first, the import volume from South Korea hit a record high of 6,443 tons in March, an increase of 37.
1% month-on-month, which exceeded 5% of the total imports from the United States, Germany and Taiwan in that month, and maintained a high level of 46.
5% in the total imports, still maintaining the largest import source; Second, imports from Germany reached a record high of 4,054 tonnes in March, a sharp increase of 75.
5% month-on-month, accounting for 29.
2% of total imports, more than double the lowest level of imports in February 2015.
Third, polysilicon imports from Taiwan also hit a record high of 1,929 tons in March, an increase of 46.
5% month-on-month, ranking China's third largest import region
.
In summary, the record number of imports from South Korea, Germany and Taiwan is a direct factor
that caused polysilicon imports to jump to a record high in March.

In March, the average price of China's polysilicon imports fell sharply to 14.
27 US dollars / kg, a month-on-month decline of 13.
5%.

The sharp decline in the average price in March is mainly due to the sharp decline in the price of polysilicon imported from the United States, and the US import price plummeted from 43.
83 US dollars / kg in February to 14.
38 US dollars / kg, the analysis is mainly because 99% of the polysilicon imported from the United States in March was entered into the country through the bonded zone warehousing and re-export, and the price of polysilicon entered through this tax avoidance channel is naturally much
lower than the price of general trade entry.

According to country-by-country import data, the total import volume in March was 13,866 tons, an increase of 33.
7% month-on-month, of which 12,565 tons of polysilicon were imported from South Korea, the United States, Germany and Taiwan, accounting for 90.
6% of the total imports, 21.
1%
higher than the total imports in February 。 Imports from South Korea in March were 6,443 tons, accounting for 46.
5% of total imports; Imports from the United States were 140 tons, accounting for 1.
0% of the total imports; The import volume from Germany was 4054 tons, accounting for 29.
2% of the total imports; The import volume from Taiwan was 1929 tons, accounting for 13.
9% of the total imports; Other regions imported 1,301 tonnes, accounting for 9.
4%
of the total.