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Looking Ahead to 2025: Will Aluminium Prices Stay Supported?
Dec 23, 2024 23:32
The global aluminium market faced challenges in 2024, including alumina shortages, geopolitical tensions, and shipping disruptions. In 2025, alumina supply is expected to recover, creating a surplus, while primary aluminium may shift to a narrow surplus amid limited capacity growth and steady demand. Regional markets will vary, with the U.S. remaining resilient and Europe facing supply risks. Aluminium prices are likely to stay supported but volatile due to economic recovery, geopolitical factors, and cost pressures.
This Week, Domestic Monomer Operating Rate Slightly Declined; January Silicon Wafer Production Increased Slightly [SMM Silicon-Based PV Morning Meeting Summary]
[SMM Silicon-Based PV Morning Meeting Summary] This week, the operating rate of domestic individual producers slightly declined, with the load of individual enterprises in Central China recently reduced. The production schedule for silicon wafers in January is not expected to change significantly, with production increases by first- and second-tier enterprises remaining the most-traded contracts. Silicon wafer production saw a slight increase.
Dec 25, 2024 08:50
Committed to Breaking Free from "Cut-Throat" Competition! Tongwei Co., Ltd. and Daqo New Energy Jointly Announce Production Cuts
[Committed to Breaking "Cut-Throat" Competition! Tongwei Co., Ltd. and Daqo New Energy Announce Production Cuts]
① Tongwei Co., Ltd.'s subsidiary, Sichuan Yongxiang Co., Ltd., has a high-purity crystalline silicon capacity exceeding 900,000 mt. Daqo New Energy has established two production sites in Shihezi, Xinjiang, and Baotou, Inner Mongolia, forming an annual capacity of 305,000 mt of high-quality, low-energy-consumption, and low-cost high-purity polysilicon.
② Both companies stated their commitment to breaking "cut-throat" competition and promoting the long-term healthy development of the PV industry. (Cailian Press)
Dec 25, 2024 08:47
Polysilicon Industry Leader Suddenly Cuts Production; Industry Self-Discipline Expected to Drive Price and Profit Recovery
【Polysilicon Industry Leaders Announce Production Cuts, Industry Self-Discipline Expected to Drive Price and Profit Recovery】
① On the evening of December 24, Tongwei Co., Ltd. and Daqo New Energy suddenly announced via their official accounts that, in active response to the spirit of the Central Economic Work Conference and to eliminate "cut-throat" malicious competition, the two polysilicon companies will implement orderly production cuts and controls.
② A research report by Huachuang Securities pointed out that if the subsequent promotion of industry self-discipline agreements proceeds smoothly, the current surplus in supply and demand is expected to ease significantly, driving price and profit recovery. (Caixin Media)
Dec 25, 2024 08:35
Chinese lithium battery tech service provider Nebula Electronics enters South Korean market
Fujian Nebula Electronic Co., Ltd. (Nebula Electronics) recently signed a commercial agreement with several companies, including Vepco Technologies Inc. (VEPCO), Korea Conformity Laboratories (KCL), I...
Dec 24, 2024 20:19
Foton Motor’s CAVAN puts Lefu model onto market, unveils Beacon heavy-duty concept truck
On December 21, CAVAN Auto (CAVAN), a new energy commercial vehicle brand jointly owned by Foton Motor, Bosch, SinoHytec, and BAIC Capital, put the Lefu (name in Chinese pinyin) model onto the market ...
Dec 24, 2024 19:33
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