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.
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