SHANGHAI, Jul. 3 (SMM) – Nickel ore inventories at seven major Chinese ports grew in the week ending June 30, Shanghai Metals Market data showed.
Inventories at the seven ports were up 330,000 tonnes last week, according to SMM data.
Last week, medium and high-grade nickel ore price, both for spot and futures delivery, grew significantly along with rising prices of both LME nickel and high-grade NPI, and higher sea freight changes as well.
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