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Home / Metal News / Nickel ore inventories at ports decline to 14.46 million wmt

Nickel ore inventories at ports decline to 14.46 million wmt

Nov 23, 2018 18:27

Source:SMM

Inventories at ports fell 50,000 wmt as of Friday Nov 23

SHANGHAI, Nov 23 (SMM) – Nickel ore inventories across all Chinese ports decreased by 50,000 wmt from a week ago to stand at 14.46 million wmt as of Friday November 23, SMM data showed.

In metal content, stocks shrank 400 mt for the same period and stood at 121,000 mt.

Stocks across seven major Chinese ports declined 70,000 wmt to 10.52 million wmt.

Inventory data

Nickel ore

Nickel

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SMM prices of Ni1.5% ore average stood at $73.5/wmt on a cif basis on July 9, unchanged from a week earlier. Nickel ore prices remained stable this week. Quotations remained high but the mainstream traded prices in the market remained at CIF $72-75/wmt.

Jul 13, 2021 15:58

Analysis

Scarce available nickel ore kept quotes at high levels, shipping rates unlikely to fall in short-term

Zinc social inventories shrank 12,100 mt on week

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 12,100 mt in the week ended June 25 to 116,500 mt. The stocks fell 6,400 mt from Monday June 21.

Jun 25, 2021 14:44

Analysis

Zinc social inventories shrank 12,100 mt on week

SMM Evening Comments (Apr 8): Shanghai nonferrous metals ended mixed after the S&P 500 nudged higher to a record closing high overnight

SHFE nonferrous metals closed mixed on Thursday April 8 after the S&P 500 nudged higher to a record closing high overnight.

Apr 8, 2021 18:00

SMM Comments

SMM Evening Comments (Apr 8): Shanghai nonferrous metals ended mixed after the S&P 500 nudged higher to a record closing high overnight

SMM Evening Comments (Mar 16): Shanghai nonferrous metals fell for the most part, tin declined 1.22%

SHFE nonferrous metals were mostly lower on Tuesday March 16. Copper fell 1.14%, zinc shed 0.9%, nickel weakened 0.12%, lead declined 0.27% and tin dropped 1.22%, while aluminium firmed 0.49%.

Mar 16, 2021 17:40

SMM Comments

SMM Evening Comments (Mar 16): Shanghai nonferrous metals fell for the most part, tin declined 1.22%

Exclusive: China's base metals output in February

An SMM survey showed that China produced 821,800 mt of copper cathode in February, rising 2.89% from January and 20.31% from a year ago, as some copper smelters recovered from maintenance.

Mar 9, 2021 11:13

Analysis

Exclusive: China's base metals output in February

Nickel ore inventories at Chinese ports fell 36,000 wmt to 8.35 million wmt

Nickel ore inventories across all Chinese ports declined 36,000 wmt from August 21 to 8.35 million wmt as of August 28, showed SMM data.

Aug 28, 2020 18:30

Analysis

Nickel ore inventories at Chinese ports fell 36,000 wmt to 8.35 million wmt

Indonesian nickel ore FOB quotes rise to $45-47/wmt

Transactions were done at a maximum of $45/wmt fob, up $2/wmt from a week earlier,

Sep 19, 2019 10:48

SMM Comments

Indonesian nickel ore FOB quotes rise to $45-47/wmt

Shandong Xinhai, Silkroad Nickel to build 400,000 mt/year ferronickel smelter in Indonesia

NPI Shandong Xinhai produced in Jul accounted for more than a quarter of overall output across China

Aug 19, 2019 11:17

Reminder

Shandong Xinhai, Silkroad Nickel to build 400,000 mt/year ferronickel smelter in Indonesia

Top Philippine high-grade nickel ore supplier to suspend mining in Oct

The largest high-grade nickel ore supplier in the Philippines, SR Languyan Mining Corp, will stop mining in Oct

Aug 9, 2019 11:10

Reminder

Top Philippine high-grade nickel ore supplier to suspend mining in Oct

Exclusive: China's base metals output in Jul

A roundup of China's base metals output in Jul 2019, from an SMM survey of major producers

Aug 8, 2019 18:57

Analysis Industry SMM Insight

Exclusive: China's base metals output in Jul

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Nickel ore inventories at ports decline to 14.46 million wmt

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