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SMM April 25 News: According to SMM statistics, the total social inventory of silicon metal in major regions on April 25 was 602,000 mt, down 10,000 mt WoW. Among them, the inventory in general social warehouses was 137,000 mt, flat WoW, while the inventory in social delivery warehouses was 465,000 mt (including unregistered warrants and spot cargo), down 10,000 mt WoW. This week, warehouses in multiple regions showed destocking, driven by lower offers from futures and spot traders compared to silicon enterprises, as well as demand release ahead of the Labour Day holiday.
(Source)