Production of silicon metal samples in major producing regions increased WoW [SMM Weekly Silicon Metal Survey]

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SMM June 13 News: According to market feedback, from June 6 to June 12, the weekly production of sampled silicon plants in Xinjiang was 31,670 mt, with a weekly operating rate of 65%, unchanged WoW. During the week, the operating capacity in Xinjiang was basically stable, and the operating rate remained unchanged, with potential for an increase in the operating rate in the region in the future. Following the recent rebound in silicon metal futures prices, the volume of spot cargo sales by silicon enterprises in Xinjiang through pricing based on futures prices increased significantly, and the proprietary inventory of silicon enterprises decreased notably compared to the previous period.

The weekly production of sampled silicon enterprises in north-west China was 10,910 mt, with a weekly operating rate of 76%, showing a slight fluctuation WoW. The statistical scope for the north-west region includes Qinghai, Ningxia, and Gansu. Recently, local silicon enterprises have mainly focused on maintaining stable operations.

The weekly production of sampled silicon enterprises in Yunnan was 1,840 mt, with a weekly operating rate of 17%, showing an increase WoW. Following the commissioning of new capacity, production has been gradually released, and production is expected to continue to increase next week. In July, Yunnan will enter the rainy season, and there is still a trend of a slight increase in production in Yunnan.

The weekly production of sampled silicon enterprises in Sichuan was 5,595 mt, with a weekly operating rate of 48%, showing an increase WoW. The relatively high operating rate of sampled silicon enterprises in Sichuan was mainly driven by the production of new capacity (a total of 12 units of 33,000 KVA) this year. There is relatively small room for an increase in silicon supply in Sichuan in the future.

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