Silicon Social Inventories Shrank 2,000 mt on Week

SHANGHAI, Aug 6 (SMM) – Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port shrank 2,000 mt from the previous week to 4,000 mt as of Friday August 6.

The outbound volumes of silicon exceeded the inflow at Huangpu Port and Tianjin Port amid intensive shipments for export orders, so the overall inventories in the two ports declined this week. The inventory in Kunming increased slightly in the wet season.

The social inventories of silicon is expected to keep rising next week after the intensive deliveries and the production resumption in northern major factories.