The social inventory of silicon metal saw a slight decrease last week [SMM Silicon Inventory]

SMM statistics show that as of September 6, the national social inventory of silicon metal totaled 476,000 mt, down by 3,000 mt WoW. Of this, the general social warehouse inventory was 131,000 mt, an increase of 1,000 mt WoW, and the social delivery warehouse inventory was 344,000 mt (including parts not registered as warehouse warrants), down 4,000 mt WoW. Last week, the most significant changes in social inventory were seen in Tianjin and Sichuan. As the delivery warehouses in Sichuan mainly saw outflows from warehouses, the inventory was significantly reduced, while individual warehouses in Tianjin saw bulk arrivals, leading to increased inventory. Despite the relatively moderate inflow and outflow, many delivery warehouses experienced slight net outflows, resulting in an overall decrease in social inventory last week.