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, 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GCL Poly’s reference to rebounding polysilicon prices is outdated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.

Polysilicon supply contracts of Longi

Longi signs third big polysilicon supply deal, now with Tongwei

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Leading monocrystalline solar wafer manufacturer Longi has signed a contract with Chinese Tongwei Group for the delivery of 55,000 metric tons of polysilicon between May 2018 and December 2020.

Daqo New Energy’s polysilicon plant in Shihezi, Xinjiang

Daqo becomes big polysilicon player with capacity of 70,000 tons

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Daqo New Energy, the third-largest polysilicon manufacturer in China, has announced it will increase its production capacity by 35,000 metric tons, thus reaching a total capacity of at least 70,000 tons in early 2020.

Hall with Siemens reactors for chemical vapor deposition (CVD) of silicon at Daqo’s polysilicon plant in Shihezi, Xinjiang

Longi secures additional polysilicon through contract with Daqo

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After closing a supply contract with South Korean polysilicon maker OCI in early February, leading monocrystalline wafer manufacturer Longi has signed a contract with Chinese producer Daqo.

Monocrystalline silicon ingot

Daqo indicates high-purity, mono-grade polysilicon remains tight

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Daqo New Energy, a leading Chinese producer of high-quality polysilicon, has announced that most of its 2018 production capacity of approx. 21,000 metric tons is already under contract.

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