The trading of the world’s first industrial silicon futures started at the Guangzhou Futures Exchange on Thursday, in a move that experts said will help stabilize prices of the metal mostly used in chips and solar panels and enhance the risk management capability of market entities.
Demand for China s solar panels soars in Europe amid energy crisis, green transformation globaltimes.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globaltimes.cn Daily Mail and Mail on Sunday newspapers.
Chinese authorities recently summoned key polysilicon producers to meetings, in a bid to avoid price gouging and promote the overall healthy development of the domestic photovoltaic (PV) industry.
Enterprises in major industries, including vehicles and photovoltaic products and electronics manufacturing, in Southwest China’s Sichuan Province said on Tuesday that local industrial power cuts affected some of their operations, but the overall impact is limited.