polysilicon

German chemical group Wacker Chemie has started the first quarter of 2023 with lower polysilicon sales volume.

Lower average selling price (ASP) and polysilicon volume sales have dented the revenue of Daqo New Energy in the opening quarter of 2023.

On March 22, the Silicon Industry branch updated the latest silicon price information, which maintained a descending trend.

Higher polysilicon average selling prices (ASP) have led polysilicon producer Daqo New Energy to register a record US$4.6 billion in revenue in 2022.

Chinese imports of polysilicon dropped 23% year-on-year to 88,093MT in 2022, according to polysilicon research firm Bernreuter Research.

Tongwei held a signing ceremony last week for a 120,000-ton high-purity crystalline silicon project it plans to set up in China’s Sichuan province.

Silicon materials producer REC Silicon has concluded a 10-year agreement with South Korean conglomerate Hanwha Solutions to offer fluidised bed reactor (FBR) polysilicon.

German chemical group Wacker Chemie posted new sales and earnings records in 2022 as the polysilicon division benefited from strong demand and higher prices.

Polysilicon prices have fallen off a cliff since mid-late December and the downward trend is expected to continue at least until the Chinese new year.

Subsidiaries of polysilicon producer Daqo New Energy have signed two polysilicon supply agreements with LONGi and an undisclosed Chinese manufacturer.