[Minor metal] Operating Rates at Silicon Metal Producers in Guizhou Province Are 50%

SHANGHAI, Oct. 15 (SMM) -- Domestic offers for silicon metal continued to climb, and traded prices for #553 silicon metal were RMB 9,700-9,800/mt in Guangzhou. Traders increased purchases, while downstream manufacturers were relatively rational in consumption.

    According to a latest SMM survey of 20 silicon producers (total capacity of 200kt/yr) in Guizhou province, operating rates at silicon metal producers were about 50%, and the electricity price was about RMB 0.42/kWh. The survey reveals that 7 silicon producers operated at full capacity, while operating rates at 7 silicon producers were 50%. The operating rate at 1 producer was only 17%, while 5 producers remained idled this year. Large silicon producers have cut production during September, and reported no significant changes recently.

    Silicon output in Guizhou province accounts for approximately 18% of China’s total output. Silicon metal prices will continue to inch up given increasing costs.

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