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SMM, December 20: According to an SMM survey, the weekly production of silicon enterprises in Xinjiang (accounting for 79% of capacity) was 29,740 mt, with a weekly operating rate of 61%, which was basically flat WoW. In-plant inventory continued to decline WoW. The operating rate of Xinjiang silicon enterprises remained basically stable this week. With the decline in silicon futures prices, the self pick-up price of some low-grade silicon in Xinjiang dropped to nearly 10,200 yuan/mt. For Yunnan silicon enterprises (accounting for 30% of capacity), the weekly production was 3,895 mt, with a weekly operating rate of 46%, which was flat WoW. In-plant inventory fluctuated slightly. Due to sample selection bias, the weekly operating rate in Yunnan appeared relatively high. Sample silicon enterprises maintained normal production this week, though some enterprises have production cut plans at month-end, which may slightly lower the operating rate. For Sichuan silicon enterprises (accounting for 32% of capacity), the weekly production was 850 mt, with a weekly operating rate of 13%, continuing to decline WoW. Sichuan is currently in the dry season with high electricity prices, coupled with a sluggish market. Sample silicon enterprises in Sichuan further reduced production, and currently, only a few silicon enterprises are operating, with the operating rate dropping to a historical low.
