SHANGHAI, Dec 31 (SMM) - Nickel ore inventories across all Chinese ports increased 40,000 wmt from December 25 to 9.29 million wmt as of December 31, showed SMM data.
In Ni content, the stocks rose 300 mt to 73,500 mt.
SMM data also showed that nickel ore stocks across seven major Chinese ports increased 50,000 wmt during the same period to 7.3 million wmt.

![[SMM 분석] 수요 부진과 대체재 우위 상승으로 고품위 NPI 가격 중심 하락](https://imgqn.smm.cn/usercenter/KFwsY20251217171734.jpg)
![[SMM 니켈 플래시] 인도네시아, 2026년 RKAB 니켈 광석 생산 할당량 약 2억 9천만 톤으로 수정 승인](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)
