Silicon social inventories up 4,000 mt on week

SHANGHAI, Jul 16 (SMM) - Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port expanded 4,000 mt from the previous week to 36,000 mt as of Friday July 16.

The inventories in Kunming stood flat amid the stagnated transportation in the pandemic, and the foreign trade orders will be delivered next week. Traders gradually turned to purchase goods at ports. The inventories mainly increased in the southern and northern ports this week. Silicon metal inventories are expected to further increase next week based on recent market trade and supply.