Home / Metal News / Nickel / Shanghai-bonded nickel stocks rebound 28.6% on week
Shanghai-bonded nickel stocks rebound 28.6% on week
Jul 19,2019 17:32CST
data analysis
Source:SMM
Stocks gained 4,000 mt, or 28.6% from a week ago to stand at 18,000 mt as of Jul 19

SHANGHAI, Jul 19 (SMM) – Inventories of refined nickel in the Shanghai bonded areas rose this week, as wider losses on imports deterred outflows to domestic markets and as shipments that were delivered when the arbitrage window was open, arrived.

SMM data showed that stocks gained 4,000 mt, or 28.6% from a week ago to stand at 18,000 mt as of Friday July 19. This was the first weekly increase in 10 weeks.

Inventory data
Nickel

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news