JA Solar Holdings Co., the world's biggest producer of photovoltaic panels by capacity, said it may be unable to benefit from a decline in raw-material costs because it's locked into contracts with polysilicon providers.
"We may be placed at a competitive disadvantage versus our competitors," the Shanghai-based company said today in a regulatory filing. "Our business and results of operations may be materially and adversely affected."
The spot price of solar-grade polysilicon plunged 28 percent in June after manufacturers ramped up capacity following a boom in demand for solar panels, according to Bloomberg New Energy Finance. GCL-Poly Energy Holdings Ltd, China's biggest polysilicon maker, said in March it will more than double capacity to 46,000 tons this year.
JA Solar said it's "possible" that polysilicon prices will fall further and it may not be able to negotiate price reductions with suppliers. Polysilicon is the raw material for solar cells.
JA Solar "is going to have a major revenue and profitability problem," said Gordon Johnson,Our Polymax RUBBER SHEET range includes all commercial and specialist a solar analyst at Axiom Capital Management Inc.We processes for both low-risk and high risk merchant account. in New York, who estimates the company is paying $60 to $70 a kilogram for polysilicon compared with a June spot price of $53.buy landscape oil paintings online.90.
The shares fell as much as 6.7 percent in New York and traded down at 6.1 percent at $4.91 at 11:31 a.m.the Injection mold fast! in Nasdaq Stock Market trading. The stock has lost 29 percent this year.Shop a wide selection of billabong outlet products in the evo shop.
"We may be placed at a competitive disadvantage versus our competitors," the Shanghai-based company said today in a regulatory filing. "Our business and results of operations may be materially and adversely affected."
The spot price of solar-grade polysilicon plunged 28 percent in June after manufacturers ramped up capacity following a boom in demand for solar panels, according to Bloomberg New Energy Finance. GCL-Poly Energy Holdings Ltd, China's biggest polysilicon maker, said in March it will more than double capacity to 46,000 tons this year.
JA Solar said it's "possible" that polysilicon prices will fall further and it may not be able to negotiate price reductions with suppliers. Polysilicon is the raw material for solar cells.
JA Solar "is going to have a major revenue and profitability problem," said Gordon Johnson,Our Polymax RUBBER SHEET range includes all commercial and specialist a solar analyst at Axiom Capital Management Inc.We processes for both low-risk and high risk merchant account. in New York, who estimates the company is paying $60 to $70 a kilogram for polysilicon compared with a June spot price of $53.buy landscape oil paintings online.90.
The shares fell as much as 6.7 percent in New York and traded down at 6.1 percent at $4.91 at 11:31 a.m.the Injection mold fast! in Nasdaq Stock Market trading. The stock has lost 29 percent this year.Shop a wide selection of billabong outlet products in the evo shop.
没有评论:
发表评论