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Home / Metal News / Shanghai-bonded nickel stocks shrink 700 mt on week

Shanghai-bonded nickel stocks shrink 700 mt on week

Apr 4, 2019 17:09

Source:SMM

Low stocks in domestic markets drove cargoes in the bonded areas to domestic markets this week

SHANGHAI, Apr 4 (SMM) – Inventories of refined nickel in the Shanghai bonded areas declined 700 mt, or 2.4%, from a week ago and stood at 27,900 mt as of Thursday April 4, SMM data showed.

Low stocks in domestic markets drove cargoes in the bonded areas to domestic markets this week. Limited imports arrived at the bonded warehouses, with some forward cargoes directly entering the domestic markets.

Inventory data

Nickel

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Sep 17, 2020 18:02

SMM Comments

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SMM Comments

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Nickel ore inventories at Chinese ports rose 55,000 wmt to 8.91 million wmt

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Analysis

Nickel ore inventories at Chinese ports rose 55,000 wmt to 8.91 million wmt

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Shanghai-bonded nickel stocks shrink 700 mt on week

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

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