DJ Potential Winner in the Downcycle GCL Technology's Granular Silicon Products Demonstrate Strong Competitiveness and Counter-cyclical Capabilities EQS Newswire / 06/11/2023 / 10:10 UTC+8 Potential
EQS Newswire / 06/11/2023 / 10:10 UTC+8 Prices in the photovoltaic supply chain have been in a downward trend over the past few months. Although the price of polysilicon has rebounded from the bottom in the third quarter, the overall profitability of the polysilicon industry has declined. Faced with the complete reversal of the polysilicon shortage situation, the market has shifted to comprehensive competition on quality and cost.
Global Research on 1st November 2023, a"BUY" rating was reaffirmed for GCL Technology. The report pointed out that the gradual narrowing of the price difference between granular silicon and rod silicon in the third quarter of 2023, along with the fact that GCL Technology maintained full production and full sales status even during the industry downcycle, indicating that GCL Technology has well addressed the previous market concerns on the quality of its granular silicon products.
Global Research stated that while GCL Technology's peers are struggling to break even, the cost advantage of GCL Technology's granular silicon products will gradually become apparent, which will have a positive impact on its profitability. believes that GCL Technology is a potential winner in the industry downcycle. Breakthrough in Key Technology and Leading in Scientific Research and Development GCL Technology has been dedicated to innovation and is at the forefront of polysilicon technology research and development. GCL Technology's Fluidized Bed Reactor granular silicon has achieved leading technology, leading cost, leading production capacity and lowest carbon emissions in the industry.