N-type G10L mono wafers changed hands at an average CNY 1.12 per piece, a weekly gain of 40%, pv magazine reported, citing the Silicon Industry Branch of the China Nonferrous Metals Industry Association (CNMIA).
That move came as polysilicon trading in China restarted. On Aug. 19, the CNMIA branch described a slight recovery in the market, which had gone through early August with almost no transactions and no public quotations. Even so, the association put domestic polysilicon output above 110,000 metric tons for the month.
Buyers drove the wafer repricing. Cell manufacturers outside China pulled forward wafer orders during a policy window because of trade risk tied to US Section 232 tariffs, and India's installation season opened, lifting export demand, the CNMIA said. The association identified that demand jump as the main cause of the price surge.
Among producers, Daqo New Energy booked USD 62.7 million in second-quarter 2026 revenue, against USD 26.7 million three months earlier, according to pv magazine. Its third-quarter polysilicon output guidance runs from 40,000 MT to 45,000 MT, with the full-year 2026 target unchanged at 160,000 MT to 180,000 MT.
DR Laser expects demand from new back-contact capacity plus upgrades or expansions of existing production lines to total 40 GW to 50 GW in 2026, pv magazine reported.