SMM

According to SMM statistics, as of November 29, the national social inventory of silicon metal totaled 514,000 mt, down 4,000 mt WoW. Among them, the inventory in general social warehouses was 157,000 mt, up 3,000 mt WoW, and the inventory in social delivery warehouses was 357,000 mt (including sources not registered as warehouse warrants), down 7,000 mt WoW. As the end of November approached, a large number of silicon metal futures warehouse warrants are being canceled, with most of them being converted into spot cargo inventory.