SHANGHAI, Dec 21 (SMM) – Nickel ore inventories across all Chinese ports shrank by 60,000 wmt from a week ago to stand at 13.7 million wmt as of Friday December 21, SMM data showed.
This marked a second straight weekly decline.
In metal content, stocks dipped 600 mt for the same week and came in at some 115,000 mt.

![[SMM Nickel Midday Commentary] On March 26, influenced by expectations surrounding the policy of “Indonesia's proposed levy of a nickel export tax,” nickel prices rose significantly](https://imgqn.smm.cn/usercenter/CjEnN20251217171733.jpg)

