Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

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

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Arbitrage opportunities lower Shanghai-bonded nickel stocks

Arbitrage opportunities lower Shanghai-bonded nickel stocks

Jun 14, 2019 13:18

Source:SMM

Stocks declined 3,000 mt, or 15.1% from Jun 6 to stand at 16,900 mt as of Jun 14

SHANGHAI, Jun 14 (SMM) – Inventories of refined nickel in the Shanghai bonded areas declined 3,000 mt, or 15.1% from Thursday June 6 to stand at 16,900 mt as of Friday June 14, SMM data showed.

An open arbitrage window encouraged the outflows of seaborne materials from bonded areas to domestic markets, as import profits came in at 2,500 yuan/mt as of Friday and averaged 1,500 yuan/mt for the week.

Seaborne arrivals during the week did not grow bonded inventories as they entered domestic markets directly.

Inventory data

Nickel

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Shanghai base metals traded mixed after opening on Thursday morning, as Fed failed to set a timeline for tapering asset purchase, and COVID-19 pandemic made a comeback. Meanwhile, their counterparts on LME mostly went up.

Jul 29, 2021 09:55

SMM Comments

SMM Morning Comments (Jul 29): Shanghai Base Metals Trending Mixed after Obscure Fed Meeting Results

SMM Morning Comments (Jul 13): Shanghai base metals were mostly lower as investors awaited China's trade data for June

Shanghai base metals were mostly lower on Tuesday morning as investors awaited the release of China's trade data for June. Meanwhile, their counterparts on the LME also fell for the most part.

Jul 13, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 13): Shanghai base metals were mostly lower as investors awaited China's trade data for June

China weekly inventory summary and data wrap (Jul 9)

This is a roundup of China's metals weekly inventory as of July 9.

Jul 9, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 9)

Zinc social inventories shrank 12,100 mt on week

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 12,100 mt in the week ended June 25 to 116,500 mt. The stocks fell 6,400 mt from Monday June 21.

Jun 25, 2021 14:44

Analysis

Zinc social inventories shrank 12,100 mt on week

Shanghai bonded nickel stocks fell as coronavirus delayed arrivals

Inventories of refined nickel in the Shanghai bonded areas fell this week, as shipments under bill of lading were delayed due to COVID-19 related lockdowns while there were flows from bonded areas to domestic markets. SMM data showed that inventories of pure nickel in the Shanghai bonded areas stood at 17,900 mt as of Friday April 17, down from 18,600 mt a week earlier.

Apr 17, 2020 15:57

Analysis

Shanghai bonded nickel stocks fell as coronavirus delayed arrivals

SMM Evening Comments (Sep 12)

SHFE nonferrous metals, except for lead, closed higher on US-China trade thaw

Sep 12, 2019 18:39

SMM Comments

Zinc social inventories inch up over weekend

Stocks rose 1,600 mt from Aug 2 to stand at 146,000 mt as of Aug 5

Aug 5, 2019 14:35

Analysis

Zinc social inventories inch up over weekend

Growth in social inventories of rebar slows on week

Production cuts at EAF mills to ease rebar supply pressure in the weeks ahead

Aug 2, 2019 10:39

Analysis Industry SMM Insight

Growth in social inventories of rebar slows on week

Transport ban slows iron ore deliveries from Tangshan ports

Port stocks shrank 800,000 mt from a week ago and stood at 106.3 million mt as of Jul 26

Jul 26, 2019 16:19

Analysis

Transport ban slows iron ore deliveries from Tangshan ports

Limited arrivals, downstream restocking lower zinc social inventories

Stocks decreased by 6,700 mt from Jul 22 to stand at 144,500 mt as of Jul 26

Jul 26, 2019 10:43

Analysis

Limited arrivals, downstream restocking lower zinc social inventories

SMM Events & Webinars

All

Apr
23
- 2025 (20th) SMM Copper Industry Conference and Expo
  Apr 23 - 25,2025
  Nanchang，Jiangxi，China
May
15
- 2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP
  May 15 - 25,2025
  Argentina & Brazil
May
20
- 2025 SMM ASIA METALS SEMINAR
  May 20 - 20,2025
  Global Metals Market in Flux Geopolitics, Policies, Fundamentals
  Novotel Century, Hong Kong, China

Arbitrage opportunities lower Shanghai-bonded nickel stocks

SMM Events & Webinars

2025 (20th) SMM Copper Industry Conference and Expo

2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP

2025 SMM ASIA METALS SEMINAR