Home / Metal News / Nickel / China Reports Continuous Increases in Nickel Ore Inventories, SMM Reports
China Reports Continuous Increases in Nickel Ore Inventories, SMM Reports
May 27,2017 09:27CST
smm insightindustry news
Source:SMM
Nickel ore inventories at seven major Chinese ports kept increasing in the week ending May 27, Shanghai Metals Market data showed. 

SHANGHAI, May 27 (SMM) – Nickel ore inventories at seven major Chinese ports kept increasing in the week ending May 27, Shanghai Metals Market data showed. 

How Much Further Can Nickel Ore Fall? SMM Reports

Inventories at the seven ports increased slightly over this past week, up 30,000 tonnes, according to SMM data. 

This past week, prices of medium and high-grade nickel ore, both for spot and future delivery, extended declines as ore demand from small and medium NPI producers remained weak, despite that high-grade NPI prices were stable, with mainstream price range lower. 

Will Philippines Martial Law Affect Nickel Ore Mining and Transportation after Marawi Crisis? SMM Reports

SMM expects medium and high-grade nickel ore, both for spot and future delivery, to stabilize in the coming week due to cost support.

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

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news