China Nickel Ore Inventories Grow Again, SMM Reports

Aug 1, 2016 10:07

Source:SMM

Nickel ore inventories at seven major Chinese ports grew again in the week ending Jul. 29, Shanghai Metals Market reported.

SHANGHAI, Aug. 1 (SMM) – Nickel ore inventories at seven major Chinese ports grew again in the week ending Jul. 29, Shanghai Metals Market reported.

“The rise is due mainly to large arrivals of goods at the Port of Lanshan, Lanqiao and Lianyungang,” SMM nickel analyst says.

Nickel ore inventories at seven major Chinese ports were up 250,000 wmt 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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China Nickel Ore Inventories Grow Again, SMM Reports

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