Silicon social inventories rose 5,000 mt to 67,000 mt

SHANGHAI, March 5 (SMM) – Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port expanded 5,000 mt from the prior week to 67,000 mt as of Friday March 5, SMM data showed.

Silicon stocks in south China were shipped from Yunnan Kunming to Huangpu port, and shipments to Tianjin port also rose sharply this week, as many export orders will be delivered after CNY and as some traders stockpiled cargoes amid rising silicon prices. 
Silicon social inventories are expected to remain stable in the short term.