China-based polysilicon and wafer producer, Daqo New Energy has revised upwards its expected shipment levels for the third quarter of 2013.
The company said it expected polysilicon shipments to be in the range of 1,200MT to 1,275MT, compared to a prior guidance of 1,000MT.
Dr. Gongda Yao, chief executive of Daqo said: “We see a stronger demand for polysilicon in the third quarter of 2013 than our expectation. We believe our polysilicon product is differentiated by its high quality which is key to improve cell efficiency.”
However, the increased shipments could be due to overall higher utilisation rates at PV manufacturers in China. Companies like Canadian Solar have already revised upward shipment guidance for the quarter due to strong demand.
The increased polysilicon shipments could also be attributed to the recently introduced import tariffs for foreign produced polysilicon.
Daqo also revised downwards its wafer shipment forecast for the quarter to be in the range of 7.4 to 7.5 million pieces, compared to prior guidance of 8.9 million pieces.
The company also expects its shipment of multi-crystal silicon ingots and blocks to be in the range of 6.5 to 6.6MT, compared to a prior guidance of 6.8MT.
“We lowered our guidance for wafer shipment due to some delay in shipping by the end of the third quarter of 2013. Nevertheless, we still reaffirm our target to ramp-up our wafer capacity to 6 million pieces per month by the end of this year,” added Yao.