China Sees Declines in Nickel Ore Inventories, SMM Reports

SHANGHAI, Aug. 19 (SMM) – Nickel ore inventories at seven major Chinese ports fell in the week ending Aug. 19 after growing for three weeks in a row, Shanghai Metals Market reported.

SMM survey finds few arrivals of new shipments were reported at the seven ports. 

Nickel ore inventories at those ports were down 110,000 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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