Expectations for production cuts by major plants continue to ferment, attention is focused on changes in the operating rate on the supply side. [SMM Weekly Survey on Silicon Metal]

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SMM March 28 News: According to market feedback, the weekly production of silicon plants in Xinjiang was 38,585 mt, with a weekly operating rate of 80%, up slightly WoW. The increase in production WoW is still attributed to the release of resumed capacity. Recently, some in-plant inventory has been transferred to social inventory, leading to a decrease in the in-plant inventory of Xinjiang sample plants. A top-tier enterprise in Xinjiang is expected to implement large-scale production cuts on March 31, which will have a significant impact on the supply side. The implementation of the production cuts is being closely monitored.

The weekly production of silicon enterprises in north-west China was 10,600 mt, with a stable weekly operating rate of 78%, down slightly WoW. The statistical area in north-west China includes Qinghai, Ningxia, and Gansu. The weekly production of sample silicon enterprises continued to decrease due to production cuts.

The weekly production of silicon enterprises in Yunnan was 1,770 mt, with a stable weekly operating rate of 21%. The operating rate of sample silicon enterprises in Yunnan remained stable during the week. The sample selection bias resulted in a much higher operating rate of sample silicon enterprises in Yunnan compared to the overall operating rate in the region. The earthquake in Myanmar on March 28 has not yet affected the production of local silicon enterprises. However, some silica and charcoal used in the production of silicon enterprises in south-west China are supplied from Myanmar, and the continuous supply of raw materials needs to be monitored.

The weekly production of silicon enterprises in Sichuan was 150 mt, with a weekly operating rate of 2%, up WoW. Some silicon enterprises in Sichuan have resumed production. There is also a small increase in production outside the sample. The increase in production is due to the advantages of enterprise supporting facilities or small hydropower production.

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