Poor silicon consumption overseas lowers inflows, outflows through Chinese port warehouses

SHANGHAI, May 31 (SMM) – Inflow and outflow of silicon metal across port warehouses in China declined sharply from May 2018, as consumption across markets overseas remained weak.

About 7,600 mt of silicon metals flowed into a warehouse at Huangpu port in May, while 8,800 mt flowed out, down 49% and 43% from a year ago, respectively.

SMM data showed that social inventories of silicon metal across Huangpu port, Kunming city, and Tianjin port gained 1,000 mt from a week ago to stand at 54,000 mt as of Friday May 31, barely changed from the same period the year before.