Some Silicon Enterprises in North-West China Show Stronger Willingness to Suspend Operations in the Future, While Operating Rates in South-West China Remain at Low Levels [SMM Weekly Survey on Silicon Metal]

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SMM, March 14:

According to market feedback, the weekly production of sample silicon plants in Xinjiang was 33,300 mt, with a weekly operating rate of 69%, showing a slight increase WoW. Recently, some new production resumption in Xinjiang sample silicon enterprises has driven production higher. Currently, the operating activities in Xinjiang are mainly concentrated in a few leading silicon plants, while small and medium-sized silicon enterprises remain relatively inactive.

The weekly production of sample silicon enterprises in north-west China was 11,080 mt, with a stable weekly operating rate of 82%. The statistical scope for north-west China includes Qinghai, Ningxia, and Gansu. During the week, the operating rate in north-west China remained stable, but many silicon plants in the region reported sluggish sales and a slight increase in inventory. Coupled with the weak performance of the silicon metal market, silicon plants in operation showed a stronger inclination towards maintenance and production suspension in the future.

The weekly production of sample silicon enterprises in Yunnan was 1,770 mt, with a weekly operating rate of 21%. During the week, the operating rate of sample silicon enterprises in Yunnan remained at a low level. Overall, the operating rate in Yunnan remains low, with only a few silicon enterprises in production, primarily focusing on clearing outflows from warehouses. However, the silicon metal market continued to fluctuate downward this week, and sales at the factory level remained less than ideal, with little change in overall inventory levels.

The weekly production of sample silicon enterprises in Sichuan was 0 mt, with a weekly operating rate of 0%. Currently, no sample silicon enterprises in Sichuan are in production. Outside the sample scope, only a few silicon enterprises with submerged arc furnaces are maintaining production, and the local operating rate remains extremely low. However, some silicon enterprises in Sichuan that have suspended production recently indicated potential production resumption plans in the near future.

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