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  • twoheadedsnake1234 twoheadedsnake1234 Jan 29, 2013 9:06 AM Flag

    Can LDK be competitive with poly plant?


    Not as currently constructed.. Their depreciation alone will be around $8/kg based on a $2.4B costs to build. They will have built around $100/kg when finally done. Others are building and expanding at around $35/kg having nearly 1/3 the depreciation cost. That puts LDK plant at a cost disadvantage. Most producers will have a cash cost of around $12/kg +/- depending on Energy.

    If Poly settles at $25/kg LDK hobbles wiht $4-$5/kg gross or $20% GM. Others will gross $$8-$9/kg. or double the GM of LDK with less debt per KG.

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