Operating Rate of Sample Silicon Metal Enterprises in Yunnan Slightly Declined, While Operating Rate of Northern Silicon Enterprises Was Basically Stable [SMM Weekly Survey on Silicon Metal]

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SMM, February 21: According to market feedback, the weekly production of sample silicon plants in Xinjiang was 29,805 mt, with a weekly operating rate of 62%, remaining flat WoW. A small number of furnaces in Xinjiang are expected to resume production next week, but the short-term increase in output is limited. Recently, some procurement orders for polysilicon-grade silicon powder or silicon blocks have been released. The transaction prices of silicon powder orders were weaker compared to earlier periods.

The weekly production of sample silicon enterprises in north-west China was 11,120 mt, with a weekly operating rate stable at 82%. The statistical scope for north-west China includes Qinghai, Ningxia, and Gansu. The operating rate in north-west China remained stable during the week.

The weekly production of sample silicon enterprises in Yunnan was 1,870 mt, with a weekly operating rate stable at 21%. The operating rate in Yunnan decreased during the week, mainly due to some capacity undergoing maintenance within the sample enterprises. The operating rate of Yunnan silicon enterprises is expected to weaken further in March. Most silicon enterprises in Yunnan have in-plant inventory, and the quotations from silicon enterprises do not match the purchasing intentions of downstream buyers, resulting in limited transactions.

The weekly production of sample silicon enterprises in Sichuan was 0 mt, with a weekly operating rate of 0%. Currently, the sample silicon enterprises in Sichuan remain non-operational. Outside the sample, one silicon metal submerged arc furnace at TW has recently started production trials, while other capacities have no feeding plans in the near term. The quotations for standard #553 silicon in Sichuan are mostly in the range of 10,200-10,300 yuan/mt.

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