China Nickel Ore Inventories Keep Falling after Week-Long Holiday

Published: Feb 22, 2016 09:51

Save

Inventories of nickel ore at six major Chinese ports kept falling during the first trading week after the 2016 Chinese New Year holiday, SMM survey finds.

SHANGHAI, Feb. 22 (SMM) – Inventories of nickel ore at six major Chinese ports kept falling during the first trading week after the 2016 Chinese New Year holiday, SMM survey finds.

"Pick-ups by domestic NPI producers near the Port of Lianyungang led to the drop," SMM nickel analyst points out.

Nickel ore inventories at the six ports were 8.41 million tonnes last week, down 150,000 tonnes from the pre-holiday level, according to SMM data.

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

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

ni ore China nickel ore inventories

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn