Arrivals on pre-holiday purchases grow silicon social inventories

SHANGHAI, Sep 29 (SMM) – Social inventories of silicon metal across Huangpu port, Kunming city, and Tianjin port increased 4,000 mt from a week ago, to 65,000 mt as of Friday September 27, showed SMM data.

Greater arrivals on traders and some consumers’ stockpiling before the National Day holiday accounted for the higher stocks. SMM expects domestic inventories across different regions to rise further after the holiday.