SHANGHAI, Feb. 6 (SMM) – Nickel ore inventories at China’s major ports were continuing falling last week, but at a slower pace, Shanghai Metals Market reports.
Nickel ore inventories at six major Chinese ports were 8.56 million tonnes last week, down 80,000 tonnes on a weekly basis, according to SMM data.
"Trading was extremely low during the last trading day before Chinese New Year holiday, with few pick-ups reported, explaining the small drop in ore inventories," SMM nickel analyst points out.
For week-on-week change in inventories at each port, please click: http://database.metal.com/Nickel/introduction_en#type2
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