SSX Daily News Blast - 17/12/2021
US House unanimously passes forced labor bill for China’s Xinjiang region
If enacted, the law would ban all imports from China's Xinjiang region, unless it can be proven that products were not connected to forced labor.
Longi wafer price drop by 5% since end Nov
SSX comment: New published prices are equal to, or slightly higher than current spot price observed in the market.
https://www.longi.com/cn/products/silicon-price
Seraphim US (SEG Solar) to supply 600MW of modules to C&D Clean Energy for the US Market
SEG has manufacturing base in the US, SEA and China, total capa 3GW.
https://mp.weixin.qq.com/s/tE2vpDXWYGEE8SqGWDvEHg
Xinyi clarification: poly plant of 60kt, silica plant of max 10kt
Was earlier reported as 200kt poly plant and 20kt silica plant.
https://finance.sina.com.cn/stock/hkstock/ggscyd/2021-12-16/doc-ikyakumx4604591.shtml
Previous related news:
Xinyi to invest RMB23B in 200kt of polysilicon, 20kt of silica, 1.4kt/day of float glass
https://mp.weixin.qq.com/s/mtE1RRXCFVA_HjRIl1dsuA
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