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Home / Metal News / LME nickel stocks fall to lowest in nearly 6 years

LME nickel stocks fall to lowest in nearly 6 years

Mar 7, 2019 10:45

Source:SMM

LME nickel inventories fell to a record low since Jul 19, 2013, as it declined to 196,410 mt as of Mar 5

SHANGHAI, Mar 7 (SMM) – Nickel inventories across LME-registered warehouses fell to a record low since July 19, 2013, after it declined for 10 consecutive days to 196,410 mt as of Tuesday March 5.

Data from the Shanghai Futures Exchange showed that nickel stocks across SHFE-registered warehouses shrank to 11,005 mt as of Friday March 1, the lowest since June 5, 2015. This marked the eighth consecutive week of decline.

Inventory data

Nickel

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Sep 7, 2020 10:33

Analysis

Operating rates of copper rods are expected to decline in September with high inventories

Shanghai bonded refined nickel stocks remained unchanged on week

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Sep 4, 2020 17:42

Analysis

Shanghai bonded refined nickel stocks remained unchanged on week

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Analysis

China steel rebar inventory shrank on week in a high season

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Sep 4, 2020 14:20

Analysis

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Social inventories of silicon metal in China edged higher this week as producers in Yunnan stepped up operations.

Aug 28, 2020 16:52

Analysis

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Aug 28, 2020 13:51

Analysis

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Aug 3, 2020 14:14

Analysis

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Jul 31, 2020 17:57

SMM Insight

Stainless steel consumption in China to improve during Q2-Q4 2020

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Jul 31, 2020 16:33

Analysis

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Those metals cruised higher across the board in overnight trading. Zinc surged 1.7%, aluminium climbed 1.4%, lead advanced 0.7%, copper gained 0.3% and tin edged up 0.2%, while nickel failed to fully recover from opening losses and was down 0.3%.

Jul 29, 2020 10:03

SMM Comments

SMM Morning Comments (Jul 29): Shanghai base metals held onto overnight gains ahead of Fed rate decision

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LME nickel stocks fall to lowest in nearly 6 years

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