Citi China’s Yingli Green Energy Holding Company stock rating from “position” reduced to “sell” and said polysilicon plant in view of the company into higher production costs,nickel powder, declining profit margins than its larger competitors.
“Price elasticity of demand with reference to the overall market and the current price level,nickel powder coat, the first half of next year, the price of solar modules will have fallen sharply,nickel powder supplier, Yingli downward pressure on profit margins.”
Zhou Yingli report results on the third-quarter profit quadrupled. However, the company has made previously expected, as the global polysilicon production capacity, said the increase in profit margins in coming quarters may be lower. That time in Germany and other European countries have begun to reduce subsidies for solar energy industry,nickel powder uses, indicates that the profits of solar silicon plant will inevitably be squeezed.
