Weak demand both rising nickel stocks on the two major exchanges-Shanghai Metals Market

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Weak demand both rising nickel stocks on the two major exchanges

Translation 09:43:48AM Jun 25, 2019 Source:Wenhua Finance and Economics
The content below was translated by Tencent automatically for reference.

SMM News: London Metal Exchange (LME) data released on Monday showed a small increase in nickel stocks to 168876 tons. Since June, the exchange's nickel stocks have ended their decline and continued to fluctuate higher. The exchange's nickel stocks had previously hit a more than six-year low.

Shanghai nickel inventories rose five straight to 17256 tons as of June 21, breaking the highest level since Aug. 31, 2018, according to data released in the previous period.


  

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

 

Weak demand both rising nickel stocks on the two major exchanges

Translation 09:43:48AM Jun 25, 2019 Source:Wenhua Finance and Economics
The content below was translated by Tencent automatically for reference.

SMM News: London Metal Exchange (LME) data released on Monday showed a small increase in nickel stocks to 168876 tons. Since June, the exchange's nickel stocks have ended their decline and continued to fluctuate higher. The exchange's nickel stocks had previously hit a more than six-year low.

Shanghai nickel inventories rose five straight to 17256 tons as of June 21, breaking the highest level since Aug. 31, 2018, according to data released in the previous period.


  

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business