SHANGHAI, Dec 14 (SMM) – The social inventory of silicon metal across Huangpu port, Kunming city and Tianjin port dropped 2,000 mt on the week to 84,000 mt as of Friday December 14.

The downstream actively restocked ahead of the Chinese New Year, and the arrivals reduced after the silicon metal manufacturers in Yunnan reduced their output. The inventory in the warehouses in Yunnan dropped significantly on the week. The inventories across Huangpu port, Kunming city and Tianjin port were basically flat YoY, because the seasonal inventory decrease as a result of pre-holiday restocking came earlier than in the previous years as the Chinse New Year in 2022 was also earlier when compared with the past, when the inventory rose in the same period in 2021.