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Home / Metal News / China Nickel Ore Inventories Return to Growth, SMM Reports

China Nickel Ore Inventories Return to Growth, SMM Reports

iconJul 3, 2017 09:31
Source:SMM
Nickel ore inventories at seven major Chinese ports grew in the week ending June 30, Shanghai Metals Market data showed.

SHANGHAI, Jul. 3 (SMM) – Nickel ore inventories at seven major Chinese ports grew in the week ending June 30, Shanghai Metals Market data showed.

New High-grade Nickel Ore Shipments Expected in July from Philippines

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.

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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