Nickel ore inventories at Chinese ports decline to 13.76 million wmt

Published: Dec 14, 2018 16:18

Save

Stocks shrank by 100,000 wmt from a week ago to stand at 13.76 million wmt as of Friday Dec 14

SHANGHAI, Dec 14 (SMM) – Nickel ore inventories across all Chinese ports shrank by 100,000 wmt from a week ago to stand at 13.76 million wmt as of Friday December 14, SMM data showed. This followed a buildup of 20,000 wmt last week.

In metal content, stocks fell 900 mt from last Friday to some 115,000 mt on December 14.

Stocks across seven major Chinese ports dipped by 80,000 wmt to 10.47 million wmt.

Inventory data Nickel ore

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

5 hours ago

Futures Surge and Retreat, Market Confidence Wavers Amid Mixed Expectations

[SMM Nickel Flash] August 5 news, futures shot up and then quickly pulled back, dampening market confidence to chase the rally and purchase, and overall trading sentiment weakened. Market expectations showed a clear split: some participants held bullish expectations for the future, but the mainstream attitude was cautious or even bearish.

5 hours ago

SMM Nickel Flash: High-Grade NPI Market Sentiment Dips, Upstream Stable, Downstream Weakens Slightly

[SMM Nickel Flash] Aug 5: The SMM high-grade NPI market sentiment factor was 2, down 0.01 MoM; the upstream sentiment factor for high-grade NPI was 2.09, flat MoM; the downstream sentiment factor was 1.91, down 0.01 MoM. The spot high-grade NPI market returned to mediocrity.

5 hours ago

6 hours ago

【SMM Flash】Middle East August Sulfur Contract Prices Released

KPC has set the August Kuwait Sulphur Price (KSP) at $865/mt FOB, down by $85/mt from the July KSP of $950/mt; QatarEnergy has kept its August Qatar Sulphur Price (QSP) unchanged at $890/mt FOB from July; ADNOC has kept its August official selling price (OSP) for the Indian subcontinent unchanged at $1,000/mt FOB Ruwais from July.

6 hours ago