There is a large amount of arrivals in Xinjiang, and social inventory of silicon metal has increased [SMM Silicon Inventory]

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>SMM News on May 29: According to SMM statistics, the total social inventory of silicon metal in major regions was 589,000 mt on May 29, up 7,000 mt WoW. Among them, the social general warehouse inventory was 134,000 mt, up 4,000 mt WoW, and the social delivery warehouse inventory was 455,000 mt (including unregistered warrants and spot cargo), up 3,000 mt WoW. The increase in social inventory this week was mainly in warehouses in Xinjiang, Tianjin Port, and Huangpu Port, while warehouses in Sichuan, Yunnan, Shanghai, and other places mainly experienced inventory declines due to shipments. Multiple warehouses reported moderate inflows and outflows of goods during the week, with an overall increase in social inventory.