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Daqo expects polysilicon demand to outstrip supply for next 18 months

Major polysilicon producer Daqo New Energy expects polysilicon demand to outstrip supply for at least the next 18 months, due to the lack of new polysilicon capacity and strong demand as a growing number of ‘Solar Module Super League’ (SMSL) members continue to add in-house monocrystalline ingot and wafer production.

Daqo’s polysilicon business takes a dive in Q2

China-based polysilicon producer Daqo New Energy Corp has been impacted by weaker than expected financial results for the second quarter of 2019, due to the lack of demand in China and record low polysilicon prices.

Daqo pushes mono-grade polysilicon to 80% of production capacity

China-based polysilicon producer Daqo New Energy is upgrading CVD chambers and debottlenecking to enable mono-grade polysilicon production to account for approximately 80% of capacity, due to strong demand and higher ASPs, compared multi-grade polysilicon.

Wacker expects a challenging year for polysilicon business

Wacker Chemie has reported a 27% decrease in revenue for its polysilicon division, due to a marked decline in demand from China and a fall in average selling prices (ASPS). Weak pricing is expected to continue in 2019, lowering profitability further.

Daqo pushes down polysilicon production costs to record US$7.94/kg

China-based polysilicon producer Daqo New Energy Corp said that its polysilicon production costs in the fourth quarter of 2018 had declined to a record US$7.94/kg. The company is targeting to reach US$6.80 per kilogram in 2020, once the capacity expansion to 70,000MT per annum has been completed.

Daqo’s solar wafer sales set to sink 70% in Q3 as China caps bite

China-based polysilicon and wafer producer Daqo New Energy has guided wafer sales volume down 70%, year-on-year as the caps on utility-scale and Distributed Generation (DG) solar projects in China at the end of May start impacting quarterly business results for many companies dependent on the China solar market.