Silicon Metal Inventory Decreased 9,000 mt on Week

SHANGHAI, Nov 19 (SMM) – The social inventory of silicon metal across Huangpu port, Kunming city and Tianjin port decreased 9,000 mt from the previous week to 80,000 mt as of Friday November 19.

The transactions at Tianjin port was robust. Most cargoes that arrived last week were shipped this week, and the shipments were significantly higher than the arrivals. The overall inventory at Huangpu port increased slightly. A batch of cargoes were shipped from Kunming this week, and the social inventory declined despite high operating rates across local silicon metal, which indicated the active transactions and the increased inter-plant transactions. The social inventory of silicon metal is expected to stand flat or increase slightly next week.