Nickel stocks in Shanghai-bonded areas climb 700 mt on week

Published: Feb 22, 2019 19:16

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Refined nickel inventories in the Shanghai bonded areas climbed 700 mt, from Friday Feb 15 to stand at 30,400 mt as of Feb 22

SHANGHAI, Feb 22 (SMM) – Refined nickel inventories in the Shanghai bonded areas climbed 700 mt, or 2.4%, from Friday February 15 to stand at 30,400 mt as of Friday February 22, SMM data showed.

Despite the arrival of forward seaborne cargoes, refined nickel in bonded warehouses barely flowed to the domestic market this week as the import arbitrage window remained closed.

Inventory data Nickel

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