Silicon social inventories shrank to 71,000 mt this week

SHANGHAI, Nov 6 (SMM) – Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port shrank 1,000 mt from the previous week to 71,000 mt as of Friday November 6.

Shipment at Huangpu port and Kunming recovered and increased significantly from last week. The centralized shipment at the end of October led to the slight decline in the stocks this week. Traders' staged stockpiling has slowed down, and the arrivals of social warehouses decreased slightly from last week.