SHANGHAI, Oct. 19 (SMM) – Production cut or suspension at domestic silicon metal producers is growing in Sichuan and Yunnan, Shanghai Metals Market survey finds.
With arrival of low-water period, some silicon metal producers in Sichuan and Yunnan have halted production in advance before power prices go higher, SMM survey shows.
Moreover, rising transportation costs, which are much higher than silicon metal price gains, have also depressed their enthusiasm in production, SMM notes.
On Oct. 19, traded prices of #3303 silicon metal were 10,600-10,700 yuan per tonne at the Port of Huangpu, and 10,300-10,400 yuan per tonne in Kunming, according to SMM data.
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