SHANGHAI, Feb 15 (SMM) – Refined nickel inventories in the Shanghai bonded areas climbed 1,500 mt from Monday February 11 to stand at 29,700 mt as of Friday February 15, SMM data showed.
Despite the arrival of forward seaborne cargoes, refined nickel in bonded warehouses barely flowed to the domestic market this week as the import arbitrage window closed.


![[SMM Revue de midi sur le nickel] Les prix du nickel ont plongé le 11 septembre, le PPI américain ayant dépassé les attentes, entraînant une baisse généralisée des métaux de base](https://imgqn.smm.cn/usercenter/Btmsv20251217171733.jpg)
