Transactions were Muted and Social Inventory of Silicon Increase Slightly

Published: Jan 28, 2023 13:10
Source: SMM
According to SMM statistics, as of January 28, the social inventory of silicon metal across Huangpu port, Kunming city and Tianjin port totaled 125,000 mt, a slight increase of 2,000 mt compared with that before the Chinese New Year Festival.

SHANGHAI, Jan 28 (SMM) - According to SMM statistics, as of January 28, the social inventory of silicon metal across Huangpu port, Kunming city and Tianjin port totaled 125,000 mt, a slight increase of 2,000 mt compared with that before the Chinese New Year Festival. During the holiday, the transactions in the silicon metal market were muted stagnated, and the logistics services were halted. As such, the shipment was few. Only a small amount of goods arrived in Kunming and Tianjin port. As upstream and downstream enterprises resume work, the activity in the spot market will improve.

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Transactions were Muted and Social Inventory of Silicon Increase Slightly - Shanghai Metals Market (SMM)