Silicon Metal Social Inventory Down 2,000 mt on Week

SHANGHAI, Sep 17 (SMM) – The social inventory of silicon metal across Huangpu port, Kunming city and Tianjin port decreased 2,000 mt from the previous week to 5,000 mt as of Friday September 17.

The arrivals at ports did not increased significantly, and the inflow and outbound volumes were average. The overall inventory at Huangpu and Tianjin Port stood basically flat on the week. Silicon transactions declined in Kunming as plants held back cargoes under the dual control of energy consumption, and the social inventory in Kunming declined. There may be intensive deliveries near the Mid-Autumn Festival holiday and National Day holiday. The social inventory of silicon is expected to increase next week.