There isn’t much sunshine in the polysilicon market. Analysts say that the net debt of US listed Chinese solar companies, about half of the industry volume in 2010, has risen from $2-billion in the fourth quarter of 2010 to $6.2-billion as of the second quarter of 2011. With new polysilicon capacity coming onstream later this year, the price could fall to $25 per kg by the end of 2011 and average $45 in 2012.
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