SHANGHAI, Jun. 11 (SMM) – Utilization rate at major 120 Chinese silicon metal producers is not expected to rise significantly in June, Shanghai Metals Market foresees.
Sluggish price is a major reason behind their low production interest, SMM silicon group says.
In May, the average operating rate at those surveyed producers grew to 34.93%, up 0.88 percentage point month-on-month, SMM survey finds.
Production in major producing regions, including Sichuan, Yunnan and Fujian, however, fell in May, according to SMM survey, due to high power costs and soft demand.
For news cooperation, please contact us by email: firstname.lastname@example.org or email@example.com.