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Home / Metal News / Nickel Ore Inventories at China Major Ports Down 390,000 tonnes on Production Needs Growth

Nickel Ore Inventories at China Major Ports Down 390,000 tonnes on Production Needs Growth

iconMay 18, 2015 09:59
Nickel ore inventories at China’s five major ports dropped 390,000 toones last week to 10.26 million tonnes due to growing consumption from domestic NPI producers, SMM survey finds.

SHANGHAI, May 18 (SMM) – Nickel ore inventories at China’s five major ports dropped 390,000 toones last week to 10.26 million tonnes due to growing consumption from domestic NPI producers, Shanghai Metals Market survey finds. 

Inventory declines were particularly evident at the Port of Tianjin and Lianyungang, as near-by NPI producers stepped up production, SMM survey shows.   

SMM foresees a growth in China’s NPI production in May from the decline in port inventories.  

For week-on-week change in inventories at each port, please click:http://database.metal.com/Nickel/introduction_en#type2

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

China nickel ore inventories
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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