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Silicon social inventories rose on smaller deliveries

iconApr 17, 2020 17:15
Source:SMM
Inventories of silicon metal across Huangpu port, Kunming city and Tianjin port rebounded 3,000 mt from a week ago to 52,000 mt as of Friday April 17, due to reduced shipments from a warehouse at Tianjin port, showed SMM data. 

SHANGHAI, Apr 17 (SMM) – Inventories of silicon metal across Huangpu port, Kunming city and Tianjin port rebounded 3,000 mt from a week ago to 52,000 mt as of Friday April 17, due to reduced shipments from a warehouse at Tianjin port, showed SMM data. 


Besides some small amounts of export trades under long-term contracts, trades under new orders were limited. Some orders for April-May delivery have been postponed to the second half of the year. The volumes of cargoes flowing in and out of each warehouse shrank significantly from a week ago.

 

 

 

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

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