Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsConsultingSHANGHAI, Nov 9 (SMM) – Nickel inventories in the Shanghai bonded areas shrank 1,000 mt, or 3.2% from last Friday to stand at 30,500 mt as of November 9, SMM data showed.
As the import window remained open during the first half of this week, importers moved cargoes from bonded warehouses to the domestic spot market.
Arbitrage opportunities also prompted importers to move forward cargoes directly to the market. This limited materials that entered bonded warehouses.
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn