[SMM Analysis] Secondary silicon output dropped in January as Chinese New Year holiday approached

Published: Feb 6, 2024 11:33
According to SMM research, secondary silicon production in January was 18,800 tons, a month-on-month decrease of 13.0% and a year-on-year increase of 33.3%.

SHANGHAI, Feb 6 (SMM) - According to SMM research, secondary silicon production in January was 18,800 tons, a month-on-month decrease of 13.0% and a year-on-year increase of 33.3%.

The production of secondary silicon dropped significantly month-on-month in January, mainly due to the following two factors. First, with the Chinese New Year holiday coming, some secondary silicon manufacturers stopped working for the holidays in mid-to-late January, resulting in fewer actual production days in January and a decrease in output. According to SMM, most secondary silicon plants will resume production around February 13. Second, at the end of last year, a small number of manufacturers suspended production due to environmental protection, maintenance and other reasons. Production continued to stagnate in January. These secondary silicon plants will resume production depending on the situation. In February, due to the Chinese New Year holiday at the beginning of the month, most secondary silicon production companies suspended production and gradually will resume production in the middle of the month. It is expected that February output will increase slightly month-on-month.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
【SMM Analysis】 US Solar AD/CVD Case Nears Final Ruling, Threatening 6 GW Import Channel from India, Indonesia, and Laos
Sep 11, 2026 18:23
【SMM Analysis】 US Solar AD/CVD Case Nears Final Ruling, Threatening 6 GW Import Channel from India, Indonesia, and Laos
Read More
【SMM Analysis】 US Solar AD/CVD Case Nears Final Ruling, Threatening 6 GW Import Channel from India, Indonesia, and Laos
【SMM Analysis】 US Solar AD/CVD Case Nears Final Ruling, Threatening 6 GW Import Channel from India, Indonesia, and Laos
The US International Trade Commission held its final-phase hearing on September 9 in the antidumping and countervailing duty investigations of crystalline-silicon photovoltaic cells and modules from India, Indonesia and Laos. Under the current USITC schedule, posthearing briefs are due September 16, the Commission plans to vote on October 14, and its final determination and views are scheduled for October 26.
Sep 11, 2026 18:23
【SMM Analysis】Spot Price Floors Move Lower as Deep Off-Peak Hours Expand, Solar-Storage Signals Emerge in Shandong
Sep 11, 2026 17:44
【SMM Analysis】Spot Price Floors Move Lower as Deep Off-Peak Hours Expand, Solar-Storage Signals Emerge in Shandong
Read More
【SMM Analysis】Spot Price Floors Move Lower as Deep Off-Peak Hours Expand, Solar-Storage Signals Emerge in Shandong
【SMM Analysis】Spot Price Floors Move Lower as Deep Off-Peak Hours Expand, Solar-Storage Signals Emerge in Shandong
Shandong has recently moved to adjust its spot-market price floors, industrial and commercial time-of-use tariffs, and operating rules for energy storage co-located with renewable energy stations. Although the three policies target differently, they all address the same challenge.The policies do not mark a return to mandatory storage requirements, but they do increase the downside price exposure of non-mechanism PV volumes and strengthen the need to shift electricity across time.
Sep 11, 2026 17:44
[SMM Analysis] China's stainless futures cost floor starts sliding
Sep 11, 2026 16:12
[SMM Analysis] China's stainless futures cost floor starts sliding
Read More
[SMM Analysis] China's stainless futures cost floor starts sliding
[SMM Analysis] China's stainless futures cost floor starts sliding
SMM Weekly Stainless Steel Futures Review — week of September 7–11, 2026. Absent peak-season demand, a triple-strength US jobs print, and accelerating raw material declines drag the benchmark contract down RMB 200/mt in the week of September 7–11.
Sep 11, 2026 16:12
 [SMM Analysis] Secondary silicon output dropped in January as Chinese New Year holiday approached - Shanghai Metals Market (SMM)