China Nickel Ore Inventories Keep Growing, SMM Reports

Published: Jun 19, 2017 09:54

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Nickel ore inventories at seven major Chinese ports kept increasing in the week ending June 16, Shanghai Metals Market data showed.

SHANGHAI, Jun. 19 (SMM) – Nickel ore inventories at seven major Chinese ports kept increasing in the week ending June 16, Shanghai Metals Market data showed.

Indonesia Cuts Base Export Prices of Nickel Ore, Why?

Inventories at the seven ports were up 230,000 tonnes last week, according to SMM data.

In other news, Xinhai Technology purchased about 20 ships of nickel ore in May, totaling around 1 million tonnes, SMM learnt. But, the company sharply reduced ore purchases in June.

What’s Price Outlook for Nickel Market for Rest of June? SMM Reports

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