Daqo New Energy Corp - ADR

NYSE:DQ   3:59:50 PM EDT
197.98
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Other Pre-Announcement

Daqo New Energy Says Now Expects To Produce 75,000 To 76,000 MT Of Polysilicon In 2020

Published: 10/16/2020 07:46 GMT
Daqo New Energy Corp (DQ) - Updates Third Quarter 2020 Sales Guidance and Full Year 2020 Production Guidance.
Now Expects to Produce 75,000 to 76,000 Mt of Polysilicon in 2020.
Produced Approximately 18,406 Mt of Polysilicon During Q3 of 2020, Exceeding Previous Guidance of 17,500 Mt to 18,000 Mt.
Estimates Polysilicon Sales to External Customers During Q3 2020 Were About 13,643 Mt Versus Previous Guidance of 17,000 Mt to 17,500 Mt.
Co Successfully Completed Annual Maintenance and Resumed to Full Production in August.
Average Selling Price in Q3 2020 is Expected to Be Approximately $9.13/kg, Compared to $7.04/kg in Q2 of 2020.