Home / Metal News / Nickel / Nickel inventory in Shanghai bonded areas up 6% on the week
Nickel inventory in Shanghai bonded areas up 6% on the week
Aug 3,2018 15:46CST
data analysis
Source:SMM
Nickel stocks in Shanghai bonded warehouses grew 6% from a week ago to 61,000 mt as of Friday Aug 3

SHANGHAI, Aug 3 (SMM) – Nickel stocks in Shanghai bonded warehouses grew 6% from a week ago to 61,000 mt as of Friday August 3, SMM data showed.

Arrivals of cargoes for previously signed forward contracts accounted for the increase.

A closed import arbitrage window earlier this week also hindered some materials from flowing out of the bonded areas to the domestic market.

Inventory data
Nickel

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news