Pure Nickel Stocks In Shanghai Bonded Zone Build Up This Week

Published: Jun 16, 2023 16:01

Source: SMM

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SHANGHAI, Jun 16 (SMM) – SMM data showed pure nickel stocks in Shanghai bonded zone were 4,800 mt (3,130 mt of nickel plates and 1,670 mt of nickel briquettes) as of June 16, up 300 mt on a weekly basis. Some imported nickel arrived at domestic ports this week. The inventory growth was basically in line with SMM’s expectations. Bonded stocks may extend mild growth in June with continued arrivals from overseas.

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