Nickel ore stocks extend growth across Chinese ports

Published: Aug 31, 2018 16:02
Inventories grew 260,000 wmt from a week ago to 11.75 million wmt as of Friday Aug 31

SHANGHAI, Aug 31 (SMM) – Nickel ore inventories across all Chinese ports grew 260,000 wmt from a week ago to 11.75 million wmt as of Friday August 31, SMM data showed.

In metal content, stocks gained 2,000 mt on the week and stood at 98,000 mt.

Stocks across seven major Chinese ports rose by 370,000 wmt to 8.28 million wmt.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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Nickel ore stocks extend growth across Chinese ports - Shanghai Metals Market (SMM)