Recently, some silicon plants in major production areas such as Xinjiang, Sichuan, Yunnan, Inner Mongolia and Gansu have gradually resumed production. The number of industrial silicon furnaces has increased by 24 compared with last week. Some factories conducted hedging operations at the high level of the futures market in July. Some other factories, on the other hand, have seen a slight recovery in their confidence in the future market due to price hikes driven by recent policy expectations. Coupled with their current acceptable financial situation, they plan to maintain or increase production and stockpile goods in anticipation of price increases.
