Silicon Metal Supply Negatively Affected by Power Restriction in Xichang-Shanghai Metals Market

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Silicon Metal Supply Negatively Affected by Power Restriction in Xichang

Price Review & Forecast 09:33:45AM Jun 17, 2013 Source:SMM
SHANGHAI, Jun. 17 (SMM) – According to SMM sources, power supply in Xichang fell short recently due to the malfunction of the transformer in one local power plant. In response, the local government started restricting power supply to equalize power supply, which negatively affected production at silicon metal producers. Some producers reported significant output decline. Some producers planning to resume production in mid-June also postponed their resumption schedule due to the tight power supply. 
 

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#1 Refined Cu
Oct.21
47190.0
450.0
(0.96%)
Standard-Grade Copper
Oct.21
47180.0
450.0
(0.96%)
High-Grade Copper
Oct.21
47195.0
445.0
(0.95%)
Guixi copper
Oct.21
47200.0
450.0
(0.96%)
Low-quality copper
Oct.21
47140.0
440.0
(0.94%)

Silicon Metal Supply Negatively Affected by Power Restriction in Xichang

Price Review & Forecast 09:33:45AM Jun 17, 2013 Source:SMM
SHANGHAI, Jun. 17 (SMM) – According to SMM sources, power supply in Xichang fell short recently due to the malfunction of the transformer in one local power plant. In response, the local government started restricting power supply to equalize power supply, which negatively affected production at silicon metal producers. Some producers reported significant output decline. Some producers planning to resume production in mid-June also postponed their resumption schedule due to the tight power supply.