Silicon Metal Social Inventory Down 1,000 mt on Week

SHANGHAI, Jan 7 (SMM) – The social inventory of silicon metal across Huangpu port, Kunming city and Tianjin port decreased 1,000 mt from the previous week to 86,000 mt as of Friday January 7.

The inventory at Huangpu port and Tianjin port both declined slightly as the former saw less arrivals, while there were more outflows from the latter. The silicon metal transactions were sluggish as a whole based on the inflows into and outflows from the ports.

Looking into next week, the social inventory of silicon metal is likely to drop again as the factories in south-west China dropped and the restocking demand picked up before the Chinese New Year.