China Sees Continuous Declines in Nickel Ore Port Inventories, SMM Reports

SHANGHAI, Oct. 28 (SMM) – Nickel ore inventories at seven major Chinese ports continued falling this past week, Shanghai Metals Market reported.

According to SMM data, nickel ore inventories were down 60,000 tonnes on a weekly basis.

SMM revises down the proportion of 7 ports’ nickel ore inventories in China’s total to 75% from September 16, as the number of China’s ports importing nickel ore is growing. 

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