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Home / Metal News / Nickel ore inventories at Chinese ports extend decline

Nickel ore inventories at Chinese ports extend decline

Jan 25, 2019 16:56

Source:SMM

Stocks shrank 170,000 wmt from a week ago to stand at 12.74 million wmt as of Friday Jan 25

SHANGHAI, Jan 25 (SMM) – Nickel ore inventories across all Chinese ports shrank 170,000 wmt from a week ago to stand at 12.74 million wmt as of Friday January 25, SMM data showed.

In metal content, stocks declined 1,500 mt for the same week and came in at some 106,000 mt.

Stocks across seven major Chinese ports decreased by 120,000 wmt to 10.18 million wmt.

Inventory data

Nickel ore

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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

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

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

China to see nickel ore deficit in 2019 if Indonesia advances export ban

Indonesia is expected to export another 12.01 million wmt of nickel ore by the expiration of the remaining quotas

Aug 7, 2019 14:56

SMM Insight

China to see nickel ore deficit in 2019 if Indonesia advances export ban

Zinc social inventories inch up over weekend

Stocks rose 1,600 mt from Aug 2 to stand at 146,000 mt as of Aug 5

Aug 5, 2019 14:35

Analysis

Zinc social inventories inch up over weekend

Growth in social inventories of rebar slows on week

Production cuts at EAF mills to ease rebar supply pressure in the weeks ahead

Aug 2, 2019 10:39

Analysis Industry SMM Insight

Growth in social inventories of rebar slows on week

Freight rates, purchases support nickel ore prices despite easing nickel prices

SMM assessment showed that offers of nickel ore with 1.8% Ni climbed to $54-55/wmt cif as of Jul 26

Jul 26, 2019 19:08

SMM Comments SMM Insight Industry

Freight rates, purchases support nickel ore prices despite easing nickel prices

Transport ban slows iron ore deliveries from Tangshan ports

Port stocks shrank 800,000 mt from a week ago and stood at 106.3 million mt as of Jul 26

Jul 26, 2019 16:19

Analysis

Transport ban slows iron ore deliveries from Tangshan ports

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Nickel ore inventories at Chinese ports extend decline

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