China Nickel Ore Inventories Fall after Slight Increases for Two Weeks, SMM Reports

Published: May 8, 2017 10:05

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Nickel ore inventories at seven major Chinese ports dropped in the week ending May 5, Shanghai Metals Market data showed.

SHANGHAI, May 8 (SMM) –Nickel ore inventories at seven major Chinese ports dropped in the week ending May 5, Shanghai Metals Market data showed.

What’s Outlook for Nickel Market after Cut News at Chinese NPI and Stainless Steel Producers? SMM Reports

Inventories at the seven ports, after slightly growing for two weeks in a row, fell by by 80,000 tonnes last week, according to SMM data.

Last week, trading in nickel ore market was anemic.

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