China Nickel Ore Inventories Keep Falling, SMM Reports

Published: May 3, 2016 09:41

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

SHANGHAI, May 3 (SMM) –Nickel ore inventories at seven major Chinese ports kept falling last week, according to survey by Shanghai Metals Market.

Last week, only the Port of Lianyungang saw arrivals of new shipments, and pick-ups by NPI producers also helped reduce port inventories, SMM explained.

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Nickel ore inventories at seven major Chinese ports were down 310,000 tonnes last week, 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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