SHANGHAI, Aug 17 (SMM) – Nickel ore inventories across Chinese ports decreased by 130,000 wmt from a week ago to 11.39 million wmt as of Friday August 17, SMM data showed.
In metal content, inventories shrank about 1,000 mt on the week and stood at 95,000 mt.
Stocks across seven major Chinese ports fell by 110,000 wmt to 7.9 million wmt.

![[SMM Analysis] Supply-Demand Price Spread Hard to Converge, Prices to Fluctuate in the Short Term](https://imgqn.smm.cn/usercenter/LNpBh20251217171732.jpeg)
![[SMM Analysis] Macro Uncertainty Weighs on Stainless Futures; Low Inventory and Demand Underpin Cash Market](https://imgqn.smm.cn/production/admin/votes/imageshyuTG20260522182711.png)
