SHANGHAI, Feb 2 (SMM) – Nickel ore inventory at Chinese ports continued to drop this week, to 7.59 million wmt as of Friday February 2, according to SMM data. This is down by 25,000 wmt from a week ago.
The port stock volumes amounted to 62,200 mt in nickel metal content, down 1,000 mt from the previous week.
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![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)
