Operating Rate at China’s Silicon Metal Producers Up to 48.31% July-Shanghai Metals Market

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Operating Rate at China’s Silicon Metal Producers Up to 48.31% July

Industry News 03:16:52PM Aug 08, 2014 Source:SMM

SHANGHAI, Aug. 8 (SMM) – Average operating rate at major China’s silicon metal producers rose 11.35% to 48.31 in July, Shanghai Metals Market survey finds. 

This year’s high-water season in Sichuan and Yunnan came more than one month later than usual due to drought conditions in southwest China. As such, silicon metal production in the two regions peaked in July, also one month delayed than past years, helping the rate also up 3.54% from a year ago, according to SMM survey of 120 silicon metal producers in China, with 3.36 million tonnes of capacity involved, or over 83% of the national total.  

In July, Sichuan and Yunnan saw a sharp increase in average operating rate at silicon metal producers, thanks to ample electricity supply and robust demand for high-grade silicon metal. 
 
In Fujian, operating rates also increased over the month. Following a hike in electricity price since July 25, production halts may occur, so local silicon metal producers stepped up production to cope with a possible supply decline. 
 
In stark contrast, production at Xinjiang’s producers slipped in July as several producers suspended operation for maintenance. 
 
Key Words:  operating rate survey 

Operating Rate at China’s Silicon Metal Producers Up to 48.31% July

Industry News 03:16:52PM Aug 08, 2014 Source:SMM

SHANGHAI, Aug. 8 (SMM) – Average operating rate at major China’s silicon metal producers rose 11.35% to 48.31 in July, Shanghai Metals Market survey finds. 

This year’s high-water season in Sichuan and Yunnan came more than one month later than usual due to drought conditions in southwest China. As such, silicon metal production in the two regions peaked in July, also one month delayed than past years, helping the rate also up 3.54% from a year ago, according to SMM survey of 120 silicon metal producers in China, with 3.36 million tonnes of capacity involved, or over 83% of the national total.  

In July, Sichuan and Yunnan saw a sharp increase in average operating rate at silicon metal producers, thanks to ample electricity supply and robust demand for high-grade silicon metal. 
 
In Fujian, operating rates also increased over the month. Following a hike in electricity price since July 25, production halts may occur, so local silicon metal producers stepped up production to cope with a possible supply decline. 
 
In stark contrast, production at Xinjiang’s producers slipped in July as several producers suspended operation for maintenance. 
 
Key Words:  operating rate survey