Operating Rates in Sichuan and Yunnan Remain Low, While Sample Silicon Plants in Xinjiang See a Slight Increase [SMM Weekly Survey on Silicon Metal]

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SMM, January 24: According to market feedback, the weekly production of sample silicon enterprises in Xinjiang was 28,495 mt, with a weekly operating rate of 59%, showing a slight increase WoW. This week, the operating conditions of sample silicon enterprises in Xinjiang were mixed. As the Chinese New Year approached, the trading atmosphere in the silicon metal market was subdued, and silicon prices remained at low levels. Some small silicon plants in Xinjiang underwent production cuts and maintenance during the week, while a few large silicon plants resumed operation of previously idled submerged arc furnaces. Since the resumed production involved large furnaces, the overall production of sample silicon plants in Xinjiang saw a slight increase this week.

In north-west China, the weekly production of sample silicon enterprises was 11,070 mt, with a weekly operating rate of 82%. The statistical scope for the north-west region includes Qinghai, Ningxia, and Gansu. Weekly operations remained stable, but some manufacturers indicated plans for production increases after the Chinese New Year.

In Yunnan, the weekly production of sample silicon enterprises was 2,430 mt, with a weekly operating rate of 29%, down WoW. In-plant inventory fluctuated slightly. No production cuts occurred among the sample silicon plants during the week. The decline in production was mainly due to the continued impact of production halts by certain manufacturers last week. However, some sample manufacturers reported plans to shut down furnaces by month-end, and operating rates in Yunnan are expected to decline slightly.

In Sichuan, the weekly production of sample silicon enterprises was 0 mt, with a weekly operating rate of 0%. Currently, none of the sample silicon enterprises in Sichuan are in operation, and only a few silicon enterprises outside the sample are maintaining production.

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