Nickel Ore Inventories at China Major Five Ports Fall to 13.33 Million tonnes-Shanghai Metals Market

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Nickel Ore Inventories at China Major Five Ports Fall to 13.33 Million tonnes

Industry News 09:56:54AM Jan 12, 2015 Source:SMM

SHANGHAI, Jan. 12 (SMM) – Nickel ore inventories at China’s five major ports fell to 13.33 million tonnes last week, down for eight consecutive weeks, Shanghai Metals Market data show.

Total inventories were down 368,000 tonnes from the week ending December 26, 2014 after SMM revised stocks at the Port of Rizhao from 1.07 million tonnes to 1.12 million tonnes during the week.

At the Port of Tianjin, high-grade nickel ores were rarely seen, according to SMM survey.  

Nickel ore stocks at Chinese ports to continue falling in January, SMM foresees. 

  Nickel Ore Inventories at Five Major Chinese Ports                                 Unit: 1,000 wmt

Date

Tianjin

Rizhao

Lanshan

Lianyungang

Jingtang

Total

2014/12/26

4200

1120

1778

5200

1400

13698

2015/1/9

4000

1130

1750

5050

1400

13330

Change

-200

10

-28

-150

0

-368

Nickel Ore Inventories at China Major Five Ports Fall to 13.33 Million tonnes

Industry News 09:56:54AM Jan 12, 2015 Source:SMM

SHANGHAI, Jan. 12 (SMM) – Nickel ore inventories at China’s five major ports fell to 13.33 million tonnes last week, down for eight consecutive weeks, Shanghai Metals Market data show.

Total inventories were down 368,000 tonnes from the week ending December 26, 2014 after SMM revised stocks at the Port of Rizhao from 1.07 million tonnes to 1.12 million tonnes during the week.

At the Port of Tianjin, high-grade nickel ores were rarely seen, according to SMM survey.  

Nickel ore stocks at Chinese ports to continue falling in January, SMM foresees. 

  Nickel Ore Inventories at Five Major Chinese Ports                                 Unit: 1,000 wmt

Date

Tianjin

Rizhao

Lanshan

Lianyungang

Jingtang

Total

2014/12/26

4200

1120

1778

5200

1400

13698

2015/1/9

4000

1130

1750

5050

1400

13330

Change

-200

10

-28

-150

0

-368