[SMM Flash News] SMM statistics show that the total social inventory of silicon metal in major regions was 540,000 mt on July 31, increasing by 5,000 mt WoW. Among this, the inventory in ordinary social warehouses was 119,000 mt, decreasing by 1,000 mt WoW, while the inventory in social delivery warehouses was 421,000 mt (including unregistered warrants and spot cargo), increasing by 6,000 mt WoW.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.