Nickel inventory in Shanghai bonded areas falls further

SHANGHAI, Jul 27 (SMM) – Nickel stocks in Shanghai bonded warehouses fell further over the week to 57,500 mt as of Friday July 27, SMM data showed.

This is down 1.7% on the week as active transactions saw Norilsk materials flow into the domestic market when import window was open.

Inflows of foreign materials into the bonded areas were stable.