China Nickel Ore Inventories Continue Falling, SMM Reports

Published: Apr 5, 2016 09:46

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Nickel ore inventories at six major Chinese ports continued falling last week, according to survey by Shanghai Metals Market.

SHANGHAI, Apr. 5 (SMM) – Nickel ore inventories at six major Chinese ports continued falling last week, according to survey by Shanghai Metals Market.

Nickel ore inventories at six major Chinese ports were down 80,000 tonnes on a weekly basis, according to SMM data.

Trading for Medium-Grade Nickel Ore to Improve, SMM Says

Last week, domestic NPI producers increased pick-ups from ports, a major contributor to the drop at port stocks, SMM explains.

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

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