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Silicon plants in Nujiang and Dehong regions of Yunnan gradually shut down on the 31st [SMM Silicon Daily Review]

iconOct 30, 2024 17:08
Source:SMM
Silicon metal prices in east China remained stable.

Silicon metal prices in east China remained stable. Above-standard #553 silicon metal in east China was priced at 11,700-12,000 yuan/mt, #421 silicon at 12,100-12,300 yuan/mt, and #3303 at 12,800-12,900 yuan/mt. Entering the dry season, electricity prices in Yunnan are expected to increase significantly in November. Electricity prices in Nujiang and Dehong regions are expected to increase to above 0.5 yuan/kWh in November (with variations depending on the incoming line), and some silicon enterprises in Nujiang reported that electricity prices might increase to above 0.55 yuan/kWh in November. The electricity cost is expected to increase by 1,500-2,000 yuan/mt in November. Although costs are rising sharply, silicon prices are unlikely to follow suit. Local silicon enterprises reported that by the end of the month, specifically on the 31st, all silicon enterprises in Nujiang will shut down, and most silicon enterprises in Dehong will gradually shut down. The operating rate in Yunnan is expected to weaken significantly next month.

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