SMM Weekly Survey On Aluminium Alloy And Silicone Enterprises

SHANGHAI, Apr 28 (SMM) - The operating rates of aluminium alloy enterprises were basically stable. A small number of secondary aluminium alloy enterprises plan to take a 3-day break for the upcoming Labour Day holiday, but most will be shut down for 3-5 days, which are longer than in previous years. Aluminium alloy enterprises restocked as needed.

The average operating rate of silicone enterprises dropped 2 percentage points from early April to about 68% due to technical transformation and shutdowns of some producers. DMC prices were stable between 14,800-15,500 yuan/mt, and the demand for #421 silicon metal remained weak. DMC plants tried to bring down #421 silicon metal prices to cope with poor profit margins.