China Nickel Ore Inventories Keep Falling by More than 300,000 Wmt, SMM Reports

Published: Jan 13, 2017 18:21

Save

Nickel ore inventories at seven major Chinese ports kept dropping in the week ending Jan. 13, Shanghai Metals Market reported.

SHANGHAI, Jan. 13 (SMM) - Nickel ore inventories at seven major Chinese ports kept dropping in the week ending Jan. 13, Shanghai Metals Market reported.

What’s Outlook for Nickel Price before Chinese New Year Holiday after Indonesia’s Export Easing? SMM Reports

Nickel ore inventories at seven major Chinese ports were down 370,000 tonnes on a weekly basis, according to SMM data.

This past week, the Port of Lianyungang saw arrivals of 20,000 tonnes of goods.

Nickel Ore Prices to Fall in China, SMM Foresees, Despite Continuous Declines in Inventories

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

nickel prices nickel ore prices china nickel ore inventories

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Apr 30, 2026 23:41

【SMM Analysis】Weekly Review of Indonesian Nickel Market - Apr 30

Apr 30, 2026 23:41

Apr 30, 2026 22:33

[SMM Nickel Market Flash] World Bank Says Indonesia’s New Nickel Capacity May Be Curbed by Tight Ore Supply

According to the World Bank’s April 2026 Commodity Markets Outlook, global refined nickel production is expected to increase modestly in 2026 and 2027 as new processing capacity comes online in Indonesia. However, the report warned that tighter upstream ore availability is likely to constrain capacity utilization. This suggests future growth in Indonesia’s nickel supply may depend increasingly on ore availability rather than nominal processing capacity alone.

Apr 30, 2026 22:33

Apr 30, 2026 22:32

[SMM Nickel Market Flash] World Bank Sees Nickel Prices Rising 12% in 2026 on Tight Supply

According to the World Bank’s April 2026 Commodity Markets Outlook, nickel prices are projected to rise 12% year on year in 2026 and a further 3% in 2027, as global consumption growth is expected to outpace supply expansion. The report said that although new nickel processing capacity will continue to come online in Indonesia, tighter upstream ore availability is likely to constrain utilization rates and keep the market tight. It also noted that further disruptions to sulfur exports from Middle East producers could become an additional upside risk for nickel prices.

Apr 30, 2026 22:32