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Home / Metal News / China Sees Continuous Increases in Nickel Ore Inventories, SMM Reports, with DMCI Mining to Resume Ore Shipments

China Sees Continuous Increases in Nickel Ore Inventories, SMM Reports, with DMCI Mining to Resume Ore Shipments

iconJun 12, 2017 09:22
Source:SMM
Nickel ore inventories at seven major Chinese ports continued growing in the week ending June 9, Shanghai Metals Market data showed. 

SHANGHAI, Jun. 12 (SMM) –  Nickel ore inventories at seven major Chinese ports continued growing in the week ending June 9, Shanghai Metals Market data showed.

Inventories at the seven ports were up 310,000 tonnes last week, according to SMM data.

Indonesia Cuts Base Export Prices of Nickel Ore, Why?

In other news, DMCI is planning to resume nickel ore shipments this month, with two in Zambales and two in Berong. Supply shortfall in the ore market will not exist with goods outflow from some mines in the Philippines which were required to suspend operations.

Will China NPI Output Keep Falling in June? SMM Reports

Trading sentiment in the nickel ore market was light, and nickel ore prices are expected to remain weak.  

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

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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