China Nickel Ore Inventories Fall Again at Major Ports

SHANGHAI, Mar. 7 (SMM) – Nickel ore inventories at six major Chinese ports dropped again last week, according to survey by Shanghai Metals Market. 

“The decline is mainly due to to falling stocks at the Port of Lanshan after more pick-ups,” SMM nickel analyst says. 

Nickel ore inventories at six major Chinese ports were 8.44 million tonnes last week, down 40,000 tonnes on a weekly basis, according to SMM data.

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

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