Nickel inventory in Shanghai bonded areas falls further-Shanghai Metals Market

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Nickel inventory in Shanghai bonded areas falls further

Data Analysis 03:55:09PM Jul 27, 2018 Source:SMM

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.

 

Key Words:  Inventory data 

Price

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SMM #1 Nickel
Apr.19
100750.0
-850.0
(-0.84%)
#1 JinChuan Nickel
Apr.19
101550.0
-675.0
(-0.66%)
#1 Import Nickel
Apr.19
99950.0
-1025.0
(-1.02%)
JinChuan B&C
Apr.19
2500.0
300.0
(13.64%)
Russian nickel premium
Apr.19
875.0
-75.0
(-7.89%)

Nickel inventory in Shanghai bonded areas falls further

Data Analysis 03:55:09PM Jul 27, 2018 Source:SMM

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.

 

Key Words:  Inventory data