According to the latest survey conducted by EnergyTrend, manufacturers indicated that they are conservative about September orders and the PV market of 3Q11. On the other hand, the spot price of polysilicon remained at a high level. The Chinese market demand still stayed high while other markets showed signs of slowing. According to EnergyTrend, downstream manufacturers are conservative about spot price trend of polysilicon, primarily because most orders from large manufacturers are signed on contractual terms, and few make purchase on the spot market.
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