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Nickel Ore Inventories at China Major Ports Down 240,000 tonnes

iconJun 1, 2015 09:28
Source:SMM
Nickel ore stocks at the six Chinese ports in SMM survey sample dropped 240,000 tonnes to 11.56 million tonnes last week, SMM data show.

SHANGHAI, Jun. 1 (SMM) – Nickel ore stocks at the six Chinese ports in SMM survey sample dropped 240,000 tonnes to 11.56 million tonnes last week, SMM data show. 

The decline at the six ports is due mainly to falling arrivals of shipments and stable consumption at domestic NPI producers, SMM says. 

Nickel ore inventories are expected to fall further at China’s major ports, SMM foresees. 

For week-on-week change in inventories at each port, please click:http://database.metal.com/Public/login.html

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China nickel ore inventories

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