Vehicle: Non-trading Index of global, 6N-8N virgin, polysilicon prices.
Base Currency: US Dollar
Universe: Global privately held and publicly traded companies with exposure to silicon contracts and spot silicon prices.
Weights: Reported contract length, prepayments and other contract terms considered in the price calculation.
Rebalancing/Publishing Period: 4pm on the 3rd Monday of each month
Launch Date: May, 19, 2008
Annual Subscription Cost: $120 USD
In recent years, the silicon market has undergone many changes – rising prices, increasing price spreads, rising quality variation, rapid volume growth and new sales dynamics – which has created significant uncertainty for companies selling silicon, users purchasing silicon and investors in silicon production. This uncertainty has been magnified by limited transparency for silicon volumes and prices, particularly as it pertains to high-purity or “solar-grade” silicon. In order to increase transparency and visibility of silicon prices, PHOTON Consulting, a world-renowned solar energy research firm and consultancy, has created the PHOTON Consulting Silicon Price Index (PCSPI).
Currently, the PCSPI is available for informational purposes, end-user licensable only through this web site and has not yet been deemed suitable for use in the design of structured products, portfolio construction, derivative trading, Mutual Funds, and/or Exchange Traded Funds (ETFs).