Silicon Price to Stabilize with Operating Rate of Silicon Plants Dropping

SHANGHAI, Nov.27 (SMM)－Silicon plants in Sichuan has been suspended production recently. Up to this Monday there are few non-oxygen 553#Silicon furnaces left in Sichuan Liangshan. Due to weak tendency of silicon price recently, most suspended plants do not tend to sell stock but sell after price rises or in need of fund. Drop of operating plants leads recovery in confidence of market participants, supporting stabilization of silicon price.

The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.