It’s all bad for Daqo and the Chinese polysilicon industry; losing money on every sale

Daqo produced 26,012 mt of polysilicon in the second quarter of 2025 compared to 24,810 mt in the first quarter of 2025. Polysilicon sales were 18,126 mt in the second quarter of 2025, compared to 28,008 mt in the first quarter. The company’s average production cost was $7.26 per kg in the second quarter of 2025 vs. $7.57…

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