Silicon social inventories shrank by 5,000 mt on week to 74,000 mt

Published: Nov 27, 2020 17:17

Save

Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port declined 5,000 mt from the prior week to 74,000 mt as of Friday November 27, SMM data showed.

SHANGHAI, Nov 27 (SMM) – Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port declined 5,000 mt from the prior week to 74,000 mt as of Friday November 27, SMM data showed.
Shipments that departed Huangpu port and Tianjin port were relatively large, while cargoes shipped into warehouses declined as silicon plants were reluctant to sell amid surging silicon prices.

Inventory data Silicon

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

11 hours ago

Platinum Prices Plunge Intraday Spot Market Transactions Recover [SMM Daily Review]

11 hours ago

Silver prices in the doldrums downstream buyers purchasing on dips spot market premiums slightly adjusted [SMM Daily Review]

11 hours ago

12 hours ago

Gold Rips at the Open, Pulls Back to Test Swing Zone

Gold has been in a strong trend for the past month following the late-January pullback, and that move hastened at the open this week as war tensions took hold across global markets.

12 hours ago