Nickel Ore Inventories at China Six Major Ports down 150,000 tonnes

SHANGHAI, Jan. 11 (SMM) – Nickel ore inventories at six major Chinese ports were 9.82 million tonnes last week, according to SMM data.

The fall in ore inventories at ports, down 150,000 tonnes on a weekly basis, is due mainly to falling arrivals of goods and pick-ups by domestic NPI producers, SMM explains.  

Last week, two ships carrying nickel ore at domestic major ports, and with four new ships expected this week.  

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

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