SHANGHAI, May 31 (SMM) – Nickel ore inventories across all Chinese ports decreased by some 120,000 wmt from a week ago to 12.41 million wmt as of Friday May 31, SMM data showed.
Stocks in metal content fell 1,000 mt this week to stand at 104,000 mt.
Stocks across seven major Chinese ports shrank 50,000 wmt to stand at 10.27 million wmt.
![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)

