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Home / Metal News / Seasonality, trader purchases grow silicon social stocks

Seasonality, trader purchases grow silicon social stocks

Jul 26, 2019 13:43

Source:SMM

Stocks rose 7,000 mt from a week ago to 63,000 mt as of Jul 26

SHANGHAI, Jul 26 (SMM) – Social inventories of silicon metal across Huangpu port, Kunming city, and Tianjin port extended their increases this week, gaining 7,000 mt from a week ago to 63,000 mt as of Friday July 26, showed SMM data.

The majority of gains in stocks were seen in Kunming this week, as traders stepped up their procurement from producers in the past two weeks. Seasonality also accounted for the higher social inventories.

The two ports saw slightly greater flows of cargoes this week.

Inventory data

Silicon

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The silicon market was on a stable and rising trend in June. A fire broke out in a workshop of an organic silicon factory in Xinjiang on June 8. Market transactions were active in the fear of a reduction in silicon metal production.

Jul 15, 2021 13:14

Analysis

Yunnan smelters resumed production after the holiday, silicon prices rose amid low social inventories

Silicon metal social inventory hit a new low at 25,000 mt

Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port shrank 2,000 mt from the previous week to 25,000 mt as of Friday June 11.

Jun 11, 2021 18:08

Analysis

Silicon metal social inventory hit a new low at 25,000 mt

Silicon social inventories shrank 7,000 mt on week

Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port declined 7,000 mt from the prior week to 50,000 mt as of Friday Apr 9, SMM data showed.

Apr 9, 2021 17:46

Analysis

Silicon social inventories shrank 7,000 mt on week

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Sep 7, 2020 10:33

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Operating rates of copper rods are expected to decline in September with high inventories

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Sep 4, 2020 17:42

Analysis

Shanghai bonded refined nickel stocks remained unchanged on week

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Sep 4, 2020 15:25

Analysis

China steel rebar inventory shrank on week in a high season

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Sep 4, 2020 14:20

Analysis

Social inventories of lead ingots dropped larger than expectations

Silicon social inventories rose 4,000 mt on week

Social inventories of silicon metal in China edged higher this week as producers in Yunnan stepped up operations.

Aug 28, 2020 16:52

Analysis

Silicon social inventories rose 4,000 mt on week

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Seasonality, trader purchases grow silicon social stocks

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