Daqo New Energy Q2 FY24 Polysilicon Average Selling Prices $5.12/kg Vs. $7.66/kg In Q1 FY24
Portfolio Pulse from Benzinga Newsdesk
Daqo New Energy reported a decrease in its Q2 FY24 polysilicon average selling prices to $5.12/kg from $7.66/kg in Q1 FY24, indicating a significant drop in pricing.
August 26, 2024 | 10:38 am
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Daqo New Energy's Q2 FY24 polysilicon average selling prices dropped to $5.12/kg from $7.66/kg in Q1 FY24, suggesting potential revenue impact.
The significant drop in polysilicon prices from Q1 to Q2 FY24 suggests a potential decrease in revenue for Daqo New Energy, which could negatively impact its stock price in the short term.
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