Daqo to hit highest quarterly polysilicon production and also sales levels prior to pause
- Significant China-based polysilicon producer Daqo New Energy has forecasted to reach its highest possible production and also sales levels in reporting fourth quarter and also full year outcomes.
Upgraded advice from the firm places fourth quarter polysilicon manufacturing between the variety of 20,500 MT to 21,000 MT, the greatest quarterly production rate for the business.
Consequently, complete year polysilicon manufacturing has been assisted to be in the variety of 76,700 MT to 77,200 MT, one more business record.
Polysilicon sales quantity is additionally anticipated to be at document highs. Daqo noted fourth quarter polysilicon sales volumes would remain in the variety of 23,000 MT to 23,200 MT and also full-year sales quantities in the variety of 74,700 MT to 74,900 MT.
With around 80,000 MT of existing polysilicon ability, significant orders safeguarding the substantial majority of its polysilicon supply, and also new capability expansions not expected to come onstream till 2022, Daqo looks set to experience restricted manufacturing and sales development (omitting potentially greater ASPs) because of market demand this year.
