Greater outflows lower silicon social inventories

Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port expanded 2,000 mt from the previous week to 42,000 mt as of Friday July 30.

SMM data showed that China’s social inventories of aluminium across eight consumption areas fell 26,000 mt on the week to 832,000 mt as of June 24, mainly due to the decline in Wuxi and Hainan.

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei increased 1,700 mt from last Friday July 9 to 122,000 mt as of Monday July 12. The stocks were up 6,200 mt from July 5.

SMM data showed that the stocks rose 4,200 mt from the prior week to 439,800 mt as of Friday July 9.

This is a roundup of China's metals weekly inventory as of July 9.

Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port declined 3,000 mt from the prior week to 58,000 mt as of Friday March 26, SMM data showed.

Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port declined 4,000 mt from the prior week to 63,000 mt as of Friday March 12, SMM data showed.

Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port shrank 1,000 mt from the prior week to 74,000 mt as of Friday December 11, SMM data showed.

Zinc inventories in China fell over the weekend, primarily propelled by a decrease in Shanghai and Guangdong.

Social inventories of silicon metal in China were barely changed this week, with SMM data showing that stocks across Huangpu port, Kunming city and Tianjin port stood at 46,000 mt as of Friday July 3, flat from the level seen on June 24, the last trading day before the Dragon Boat Festival.