Shanghai bonded refined nickel stocks rose 1,500 mt on week

SHANGHAI, Aug 14 (SMM) – Inventories of refined nickel in the Shanghai bonded areas expanded 1,500 mt from a week ago to 19,800 mt as of Aug 14, showed SMM data.

The import window of nickel plates and nickel briquettes remained closed this week and foreign trades remained curbed. The arrival of nickel plates accounted for the increase in the nickel bonded stocks this week.