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Home / Metal News / Nickel ore inventories at Chinese ports fall to 12.34 million wmt

Nickel ore inventories at Chinese ports fall to 12.34 million wmt

Jun 6, 2019 18:07

Source:SMM

Stocks decreased by some 70,000 wmt in the week to Jun 6

SHANGHAI, Jun 6 (SMM) – Nickel ore inventories across all Chinese ports decreased by some 70,000 wmt from a week ago to 12.34 million wmt as of Thursday June 6, SMM data showed.

Stocks in metal content fell 600 mt this week to stand at 104,000 mt.

Stocks across seven major Chinese ports shrank 60,000 wmt to stand at 10.21 million wmt.

Inventory data

Nickel ore

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Nickel ore inventories at Chinese ports fell 36,000 wmt to 8.35 million wmt

Nickel ore inventories across all Chinese ports declined 36,000 wmt from August 21 to 8.35 million wmt as of August 28, showed SMM data.

Aug 28, 2020 18:30

Analysis

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Indonesian nickel ore FOB quotes rise to $45-47/wmt

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Nickel ore inventories at Chinese ports fall to 12.34 million wmt

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