The price of metallic silicon remains difficult to rise
At the end of October, the implementation of electricity prices during the flood season in Sichuan and Yunnan provinces came to an end, leading to large-scale production cuts. Among them, only 5 silicon plants with 11 electric arc furnaces were in operation in Sichuan, and only 3 silicon plants with 15 electric arc furnaces were in operation in Yunnan. It is expected that by December, only 1 silicon plant will remain in operation in each of these regions. Moreover, the factories in operation mainly consume internally, with very little sales to the outside. The supply of industrial silicon is showing a shrinking trend, but the futures market price is still difficult to rise.
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