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Home / Metal News / Nickel ore inventories at ports dip on week

Nickel ore inventories at ports dip on week

Nov 19, 2018 11:46

Source:SMM

Nickel ore stocks across all Chinese ports decreased 140,000 wmt from a week ago to 14.51 million wmt as of Friday Nov 16

SHANGHAI, Nov 19 (SMM) – Nickel ore inventories across all Chinese ports decreased 140,000 wmt from a week ago to stand at 14.51 million wmt as of Friday November 16, SMM data showed.

In metal content, stocks fell 1,000 mt for the same period and stood at 122,000 mt.

Despite the slight losses last week, nickel ore stocks across ports stayed at highs and continued the uptrend from May as Chinese plants stepped up their purchases from the Philippines in May-October to prepare for the rainy season in Surigao, Philippines, in November-March.

Inventories of nickel ore across Chinese ports reflect demand across domestic nickel pig iron (NPI) producers for nickel ore as China’s nickel ore consumption is dependent on imports.

Inventory data

Nickel ore

Nickel

For queries, please contact William Gu at williamgu@smm.cn

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This is a roundup of China's metals weekly inventory as of July 2.

Jul 2, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 2)

Nickel ore inventories at Chinese ports rose 77,000 wmt to 5.37 million wmt

Nickel ore inventories across all Chinese ports expanded 77,000 wmt from the previous week to 5.37 million wmt as of April 30, showed SMM data.

Apr 30, 2021 15:29

Analysis

Nickel ore inventories at Chinese ports rose 77,000 wmt to 5.37 million wmt

SMM Evening Comments (Jan 22): Nonferrous metals on the SHFE fell for the most part, zinc plunged 2.51%

SHFE nonferrous metals declined broadly on Friday January 22. Copper fell 0.61%, zinc slumped 2.51%, lead shed 0.66% and nickel weakened 1.13%, while aluminium edged up 0.1% and tin rose 1.83%.

Jan 22, 2021 19:11

SMM Comments

SMM Evening Comments (Jan 22): Nonferrous metals on the SHFE fell for the most part, zinc plunged 2.51%

Nickel ore inventories at Chinese ports fell 260,000 wmt to 8.61 million wmt

Nickel ore inventories across all Chinese ports decreased 260,000 wmt from January 15 to 8.61 million wmt as of January 22, showed SMM data.

Jan 22, 2021 16:56

Analysis

Nickel ore inventories at Chinese ports fell 260,000 wmt to 8.61 million wmt

SMM Morning Comments (Jan 22): Shanghai base metals performance mixed as traders monitored the beginning of Joe Biden’s presidency

Shanghai base metals traded mixed on Friday morning as traders monitored the European Central Bank's latest meeting and the beginning of Joe Biden's presidency. Meanwhile, their counterparts on the LME also set for a mixed start.

Jan 22, 2021 10:00

SMM Comments

SMM Morning Comments (Jan 22): Shanghai base metals performance mixed as traders monitored the beginning of Joe Biden’s presidency

SMM Evening Comments (Dec 25): Shanghai nonferrous metals rose across the board for the 2nd day

SHFE nonferrous metals closed higher across the board on Friday December 25.

Dec 25, 2020 18:00

SMM Comments

SMM Evening Comments (Dec 25): Shanghai nonferrous metals rose across the board for the 2nd day

SMM Morning Comments (Dec 21): Base metals on both SHFE and LME fell mostly on dollar bounce-back

Shanghai base metals and their counterparts on the LME cruised lower for the most part on Monday morning as the US dollar rebounded slightly.

Dec 21, 2020 10:05

SMM Comments

SMM Morning Comments (Dec 21): Base metals on both SHFE and LME fell mostly on dollar bounce-back

SMM Evening Comments (Nov 23): Shanghai nonferrous metals closed mostly higher, tin fell 0.01%

SHFE nonferrous metals rose for the most part on Monday November 23 as investors continued to watch for coronavirus developments.

Nov 23, 2020 17:30

SMM Comments

SMM Evening Comments (Nov 23): Shanghai nonferrous metals closed mostly higher, tin fell 0.01%

SMM Morning Comments (Nov 20): Shanghai base metals were mostly higher and the LME complex also rose for the most part

Nonferrous metals on the SHFE were mostly higher on Friday morning, and their counterparts on the LME also rose for the most part.

Nov 20, 2020 09:25

SMM Comments

SMM Morning Comments (Nov 20): Shanghai base metals were mostly higher and the LME complex also rose for the most part

SMM Evening Comments (Nov 16): Shanghai nonferrous metals rose broadly on the signing of RECP and positive Chinese economic data

SHFE nonferrous metals were mostly higher on Monday November 16 on the signing of the Regional Comprehensive Economic Partnership (RECP) over the weekend and upbeat Chinese economic data released today.

Nov 16, 2020 18:48

SMM Comments

SMM Evening Comments (Nov 16): Shanghai nonferrous metals rose broadly on the signing of RECP and positive Chinese economic data

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Nickel ore inventories at ports dip on week

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