SHANGHAI, Nov 23 (SMM) – Nickel inventories in the Shanghai bonded areas barely changed from a week earlier at 29,500 mt as of Friday November 23, SMM data showed.
As the import window closed this week, importers did not move cargoes from bonded warehouses to the domestic spot market.
There were no forward arrivals at bonded warehouses this week.
![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)

