Daqo Q2 2024 Revenue Falls 65% YoY Amid Plummeting Polysilicon Prices

The company said polysilicon prices have fallen below production costs

August 29, 2024

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China-based polysilicon manufacturer Daqo New Energy Corporation reported a significant decline in both revenue and net income for the second quarter (Q2) of 2024 due to a drop in polysilicon prices below production costs.

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Arjun Joshi

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Daqo Q2 2024 Revenue Falls 65% YoY Amid Plummeting Polysilicon Prices

Continue Reading with Premium Access

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