Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / Shanghai-bonded nickel stocks shrink 600 mt on week

Shanghai-bonded nickel stocks shrink 600 mt on week

Mar 22, 2019 17:22

Source:SMM

The lower value-added tax, effective on April 1, limitedly improved trades this week

SHANGHAI, Mar 22 (SMM) – Inventories of refined nickel in the Shanghai bonded areas decreased by 600 mt, or 2.1%, from a week ago to stand at 28,600 mt as of Friday March 22, SMM data showed.

The lower value-added tax, effective on April 1, had little impact on trades this week as importers were unsure of the window for seaborne cargoes to enter the domestic market ahead of April 1 if they purchased this week.

The import arbitrage window remained closed and this also prevented cargoes in the bonded warehouses from entering the domestic spot market.

Inventory data

Nickel

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Lead Ingot Social Inventories Expanded 13,600 mt on Week

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin expanded 13,600 mt from last Friday July 23 to 172,600 mt as of July 30. This was up 6,500 mt from Monday July 26 and registered a new high since October 2014.

time

Jul 30, 2021 16:02

Lead Ingot Social Inventories Expanded 13,600 mt on Week

China Steel Rebar Inventory Down 22,700 mt on Week

Inventories of rebar across Chinese steelmakers and social warehouses stood at 11.35 million mt as of July 29, down 22,700 mt or 0.20% from a week ago. Stocks are up 1.82% from a year earlier.

time

Jul 30, 2021 11:05

China Steel Rebar Inventory Down 22,700 mt on Week

Lead Ingot Social Inventories Expanded 7,100 mt over Weekend

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin expanded 7,100 mt from last Friday July 23 to 166,100 mt as of July 26. This was up 7,000 mt from Monday July 19 and registered a new high since October 2014.

time

Jul 26, 2021 14:46

Lead Ingot Social Inventories Expanded 7,100 mt over Weekend

China weekly inventory summary and data wrap (Jul 23)

This is a roundup of China's metals weekly inventory as of July 23.

time

Jul 23, 2021 20:00

China weekly inventory summary and data wrap (Jul 23)

Aluminium billet inventories fell 1,200 mt on week

SMM data showed that aluminium billet stocks across the five major consumption areas — Foshan, Wuxi, Huzhou, Changzhou and Nanchang — in China decreased 0.9% or 1,200 mt from a week ago to 119,600 mt as of Thursday July 22.

time

Jul 22, 2021 16:41

Aluminium billet inventories fell 1,200 mt on week

Shanghai bonded refined nickel stocks rose 9,000 mt on week

Inventories of refined nickel in the Shanghai bonded areas increased 9,000 mt from a week ago and stood at 11,200 mt as of July 9, showed SMM data.

time

Jul 9, 2021 17:50

Shanghai bonded refined nickel stocks rose 9,000 mt on week

Nickel ore inventories at Chinese ports rose 282,000 wmt to 5.51 million wmt

Nickel ore inventories across all Chinese ports increased 282,000 wmt from July 2 to 5.51 million wmt as of July 9, showed SMM data.

time

Jul 9, 2021 16:14

Nickel ore inventories at Chinese ports rose 282,000 wmt to 5.51 million wmt

China steel rebar inventory up 1.7% on week

Inventories of rebar across Chinese steelmakers and social warehouses stood at 11.49 million mt as of July 8, up 1.7% from a week ago. Stocks are up 7.7% from a year earlier.

time

Jul 8, 2021 17:03

China steel rebar inventory up 1.7% on week

China HRC inventory rose 2.08% on week

SMM data showed that HRC stocks across social warehouses and steel makers rose 80,200 mt or 2.08% on the week, an increase of 10.34% than a year ago, to 3.94 million mt in the week ended July 1.

time

Jul 2, 2021 10:34

China HRC inventory rose 2.08% on week

Social inventories of lead ingots expanded 200 mt over weekend

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin rose 200 mt from last Friday June 25 to 125,900 mt as of Monday June 28, an SMM survey showed. The stocks were up 800 mt from last Monday June 21.

time

Jun 29, 2021 08:33

Social inventories of lead ingots expanded 200 mt over weekend

SMM Events & Webinars

Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia
Jun
18
- 2024 ASEAN Automotive Supply Chain
  Jun 18 - 19,2024
  Pattaya,Thailand

MOST POPULAR

1.Benchmarking Analysis Of the Development Direction Of MHP And Nickel Matte

2.Technical Due Diligence Survey Of Nickel Product Unit

3.Long-term Price Forecast Of Nickel Industry

4.Feasibility Study Of Nickel Industry Investment

5.Indonesia Ni Industry Analysis

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.