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China Nickel Ore Inventories Increase again, SMM Reports

iconAug 26, 2016 16:11
Source:SMM
Nickel ore inventories at seven major Chinese ports grew in the week ending Aug. 26, Shanghai Metals Market reported.

SHANGHAI, Aug. 26 (SMM) – Nickel ore inventories at seven major Chinese ports grew in the week ending Aug. 26, Shanghai Metals Market reported. 

SMM attributes the growth of inventories to large arrivals of new shipments at the Port of Lianyungang and Lanshan. 

Nickel ore inventories at those ports were up 140,000 wmt on a weekly basis, according to SMM data.

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

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