Sichuan Silicon Enterprises Continue Production Cuts During the Week, While Some Yunnan Silicon Enterprises Are Expected to Shut Down Furnaces by Month-End [SMM Weekly Survey on Silicon Metal]

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According to the SMM survey, the weekly production of silicon producers in Xinjiang (accounting for 76% of capacity) was 30,200 mt, with a weekly operating rate of 62%, basically flat WoW. The operating conditions of sample silicon producers in Xinjiang remained stable during the week. Recently, small sample producers reported fewer new orders, with most previous orders already delivered, leading to a slight increase in shipment pressure for small producers.

The weekly production of silicon producers in Yunnan (accounting for 30% of capacity) was 3,895 mt, with a weekly operating rate of 46%, basically flat WoW. The operating conditions of sample silicon producers remained stable. Some operating sample producers plan to cut production and shut down furnaces by the end of the month, and the operating performance in Yunnan is expected to decline further in January.

The weekly production of silicon producers in Sichuan (accounting for 32% of capacity) was 840 mt, with a weekly operating rate of 13%, basically flat WoW. Only a few sample silicon producers in Sichuan were in operation, while some producers outside the sample in Aba and Ya'an regions continued to cut production and shut down furnaces during the week. The overall operating rate in Sichuan showed a slight decline during the week. Due to insufficient downstream demand release recently, the overall inventory situation remained relatively unchanged.

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