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Home / Metal News / Nickel stocks in Shanghai-bonded areas change little on week

Nickel stocks in Shanghai-bonded areas change little on week

Jan 25, 2019 18:36

Source:SMM

Stocks stood at 28,200 mt as of Friday Jan 25

SHANGHAI, Jan 25 (SMM) – Nickel inventories in the Shanghai bonded areas hardly changed from a week ago and stood at 28,200 mt as of Friday January 25, SMM data showed.

Low stocks across domestic markets and pre-holiday stockpiling drove cargoes in the bonded areas to domestic markets.

For the same week, stocks moved to bonded warehouses. A closed import arbitrage window and an anticipated pick-up in consumption after Chinese New Year prompted importers to move their forward arrivals to bonded warehouses.

Inventory data

Nickel

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SHFE nonferrous metals declined broadly on Friday January 22. Copper fell 0.61%, zinc slumped 2.51%, lead shed 0.66% and nickel weakened 1.13%, while aluminium edged up 0.1% and tin rose 1.83%.

Jan 22, 2021 19:11

SMM Comments

SMM Evening Comments (Jan 22): Nonferrous metals on the SHFE fell for the most part, zinc plunged 2.51%

Nickel ore inventories at Chinese ports fell 260,000 wmt to 8.61 million wmt

Nickel ore inventories across all Chinese ports decreased 260,000 wmt from January 15 to 8.61 million wmt as of January 22, showed SMM data.

Jan 22, 2021 16:56

Analysis

Nickel ore inventories at Chinese ports fell 260,000 wmt to 8.61 million wmt

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Jan 22, 2021 10:00

SMM Comments

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SMM Evening Comments (Dec 25): Shanghai nonferrous metals rose across the board for the 2nd day

SHFE nonferrous metals closed higher across the board on Friday December 25.

Dec 25, 2020 18:00

SMM Comments

SMM Evening Comments (Dec 25): Shanghai nonferrous metals rose across the board for the 2nd day

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Dec 21, 2020 10:05

SMM Comments

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Nov 23, 2020 17:30

SMM Comments

SMM Evening Comments (Nov 23): Shanghai nonferrous metals closed mostly higher, tin fell 0.01%

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Nonferrous metals on the SHFE were mostly higher on Friday morning, and their counterparts on the LME also rose for the most part.

Nov 20, 2020 09:25

SMM Comments

SMM Morning Comments (Nov 20): Shanghai base metals were mostly higher and the LME complex also rose for the most part

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Nov 16, 2020 18:48

SMM Comments

SMM Evening Comments (Nov 16): Shanghai nonferrous metals rose broadly on the signing of RECP and positive Chinese economic data

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Nov 12, 2020 09:28

SMM Comments

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Nov 11, 2020 09:20

SMM Comments

SMM Morning Comments (Nov 11): Shanghai base metals performance mixed as coronavirus vaccine hopes buoy sentiment

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Nickel stocks in Shanghai-bonded areas change little on week

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