Daqo New Energy Expects To Produce Approximately 60,000MT-62,000MT Of Polysilicon During The First Quarter Of 2024 And Approximately 280,000MT-300,000MT Of Polysilicon For 2024
Portfolio Pulse from Benzinga Newsdesk
Daqo New Energy, symbol DQ, forecasts its polysilicon production to be between 60,000MT and 62,000MT for Q1 2024, and between 280,000MT and 300,000MT for the full year 2024.
February 28, 2024 | 11:53 am
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POSITIVE IMPACT
Daqo New Energy expects significant polysilicon production in Q1 2024 and throughout the year, indicating strong operational performance and potential growth.
The projected increase in polysilicon production by Daqo New Energy suggests a positive outlook on demand and operational efficiency. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100