Nickel Ore Inventories at China Major Ports

SHANGHAI, Jul. 13 (SMM) – Nickel ore inventories at the six major Chinese ports dropped to 10.66 million tonnes last week, Shanghai Metals Market data find. 

The fall in inventories, off 420,000 tonnes or 3.79% week-on-week, is due to the pick-up by domestic NPI producers, sending down stocks at all six major ports, according to SMM data. 

Three ships arrived at these ports last week, and with another four expected this week, SMM learns. 

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