Silicon social stocks remain unchanged despite production recovery

Published: Jun 28, 2019 15:18
Stocks across Huangpu port, Kunming, and Tianjin port barely changed from a week ago to stand at 42,000 mt as of Jun 28

SHANGHAI, Jun 28 (SMM) – Social inventories of silicon metal across Huangpu port, Kunming city, and Tianjin port barely changed from a week ago to stand at 42,000 mt as of Friday June 28, showed SMM data.

While southern producers ramped up operations in a rainy season and Xinjiang producers recovered from a silica shortage, poor trades kept cargoes from moving from producers to social warehouses.

SMM expects social inventories of silicon metal to expand in July.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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