Slow production lowers silicon social inventories

Published: Apr 12, 2019 15:43

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Stocks decreased by 6,000 mt from a week ago to stand at 58,000 mt as of Apr 12

SHANGHAI, Apr 12 (SMM) – Social inventories of silicon metal across Huangpu port, Kunming city, and Tianjin port decreased by 6,000 mt from a week ago to stand at 58,000 mt as of Friday April 12, SMM data showed.

While shipments leaving port warehouses remained limited, low operating rates across producers in Sichuan and Yunnan capped supplies and extended declines in social inventories.

Inventories stood 5,000 mt higher than a year ago as the amount of pledged cargoes in Kunming expanded.

Inventory data Silicon

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