China Nickel Ore Inventories Keep Rising, SMM Reports

SHANGHAI, Aug. 12 (SMM) – Nickel ore inventories at seven major Chinese ports kept increasing in the week ending Aug. 12, Shanghai Metals Market reported.

Nickel Price to Advance on Positive Market Fundamentals, SMM Says

Over this past week, the Port of Lanshan and Lianyungang saw arrivals of new shipments, and the Port of Lianyungang is expected to continue reporting new ore arrivals this coming week.

Nickel ore inventories at seven major Chinese ports were up 290,000 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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