Nickel inventories in Shanghai bonded zone fell

SHANGHAI, Aug 28 (SMM) –

SMM data shows pure nickel stocks in Shanghai bonded zone fell from a week ago, standing at 6,200 mt, including 1,970 mt of nickel briquette and 4,230 mt of nickel plate. The slight decrease in bonded zone inventory was primarily due to the ongoing open of import window, maintaining a state of sustained profitability from imports in the week ending August 25.SMM data shows pure nickel stocks in Shanghai bonded zone fell from a week ago, standing at 6,200 mt, including 1,970 mt of nickel briquette and 4,230 mt of nickel plate. The slight decrease in bonded zone inventory was primarily due to the ongoing open of import window, maintaining a state of sustained profitability from imports in the week ending August 25.SMM data shows pure nickel stocks in Shanghai bonded zone fell from a week ago, standing at 6,200 mt, including 1,970 mt of nickel briquette and 4,230 mt of nickel plate. The slight decrease in bonded zone inventory was primarily due to the ongoing open of import window, maintaining a state of sustained profitability from imports in the week ending August 25.