According to the SMM survey, the weekly production of silicon enterprises in Xinjiang within the sample (accounting for 76% of capacity) was 42,440 mt, with a weekly operating rate of 88%, basically flat WoW. Silicon enterprises in Xinjiang maintained a high operating rate last week, but there were continuous market rumors of production cuts in Xinjiang, and last Friday, a leading silicon enterprise in Xinjiang also announced plans for production cuts in the near future. However, whether the production cuts will occur and the specific details still need to be tracked and surveyed.
The weekly production of silicon enterprises in Yunnan within the sample (accounting for 30% of capacity) was 4,105 mt, with a weekly operating rate of 48%, basically flat WoW. Except for the Baoshan area, there were very few operating silicon enterprises within the sample in Yunnan, maintaining a low operating rate. Silicon enterprises in Yunnan within the sample still have plans for production cuts and furnace shutdowns this month, and the operating rate in Yunnan is expected to continue to decline.
The weekly production of silicon enterprises in Sichuan within the sample (accounting for 32% of capacity) was 1,660 mt, with a weekly operating rate of 25%, slightly down WoW. Only a few silicon enterprises in Sichuan within the sample were in operation, and there were still furnace shutdowns last week. Last Saturday, some silicon enterprises outside the sample that are currently in operation also have plans for production cuts and furnace shutdowns. In December, there will be very few operating silicon enterprises in Sichuan, and the overall operating rate in Sichuan is expected to continue to decline.
