News on Daqo

News on suppliers, market trends and technology innovations in polysilicon and wafer production is selected, assessed and written for you by Bernreuter Research.

Polysilicon EBITDA margins of Daqo, OCI, REC Silicon and Wacker from Q3 2018 through Q3 2019

Polysilicon producer Daqo breaks the cash cost barrier of $6/kg

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After weaker results in the second quarter due to maintenance, China-based polysilicon manufacturer Daqo New Energy achieved so far unthinkable cash production costs of US$5.85/kg in the third quarter.

Polysilicon sales contracts of Daqo

Daqo solidifies its position through polysilicon deal with Jinko

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Daqo, China’s third-largest polysilicon manufacturer has signed a new two-year sales contract with JinkoSolar, the world’s largest solar module supplier, for the delivery of up to 36,000 tons of polysilicon in 2020 and 2021.

Polysilicon EBITDA margins of Daqo, OCI, Wacker and REC Silicon from Q2 2018 through Q2 2019

EBITDA lead of polysilicon maker Daqo shrank in second quarter

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Daqo New Energy, one of the leading low-cost polysilicon manufacturers in China, recorded significantly lower earnings in the second quarter; the EBITDA margin fell from 24.6% to 15.5%.

Longi’s polysilicon supply contract with Daqo

Daqo extends polysilicon supply volume to Longi to 134,400 tons

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Daqo, China’s third-largest polysilicon maker, has signed a new contract with leading monocrystalline wafer producer Longi for the supply of 112,800 tons of polysilicon from 2020 through 2020.

Polysilicon EBITDA margins of Daqo, OCI, Wacker and REC Silicon from Q1 2018 through Q1 2019

Daqo continues to ride the wave of low polysilicon prices

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With record-low production costs and a positive EBITDA margin of 24.6%, China-based polysilicon manufacturer Daqo New Energy defied the low polysilicon prices in the first quarter.

Polysilicon EBITDA margins of Daqo, OCI, Wacker and REC Silicon from Q4 2017 through Q4 2018

The EBITDA difference of making polysilicon in or outside China

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While China-based polysilicon manufacturer Daqo reported another record low in production costs, the polysilicon division of market leader Wacker slid into the red with its EBITDA in the fourth quarter.

Daqo New Energy’s polysilicon plant in Shihezi, Xinjiang

Daqo is targeting polysilicon production costs of $6.80/kg by 2020

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China-based polysilicon manufacturer Daqo New Energy is targeting total production costs of US$6.80/kg by the first quarter of 2020, down from $9.05/kg in Q2 2018 and $7.50/kg projected for 2019.

polysilicon chunks

GCL Poly’s reference to rebounding polysilicon prices is outdated

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Indeed, polysilicon prices on the Chinese spot market slightly recovered in July and stabilized in August. But they have been on the downtrend again since mid-September.

Directional solidification furnaces for multicrystalline silicon at Daqo New Energy in Chongqing

Daqo’s wafer biz exit shows: multicrystalline silicon is in trouble

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Daqo New Energy’s decision to abandon its multicrystalline wafer manufacturing unit in Chongqing appears as a sign of bigger things to come: The market share of multicrystalline wafers will fall drastically.

Longi’s four polysilicon supply contracts

Longi signs fourth big polysilicon supply deal, this time with Xinte

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Leading monocrystalline wafer maker Longi has underpinned its rapid expansion by signing a contract with Xinte Energy for the delivery of 90,080 tons of polysilicon from 2019 through 2021.

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