SHANGHAI, Aug 2 (SMM) – Nickel ore inventories across all Chinese ports expanded 80,000 wmt from a week ago to 13.49 million wmt as of Friday August 2, SMM data showed.
Stocks in metal content rose 700 mt this week to stand at 113,000 mt.
Stocks across seven major Chinese ports grew 60,000 wmt to stand at 11.08 million wmt.
![[SMM Analysis] This Week, the MHP and High-Grade Nickel Matte Markets Showed a Pattern of Weak Supply and Demand on Both Sides, with the Coefficient Remaining Stable](https://imgqn.smm.cn/usercenter/qLeLR20251217171733.jpg)
![[SMM Nickel Midday Commentary] On April 3, nickel prices moved sideways, as Iran and Oman drafted an agreement on the regulation of the Strait of Hormuz](https://imgqn.smm.cn/usercenter/GmHLU20251217171733.jpg)
![[SMM Nickel Flash] Iran and Oman to Jointly Manage the Strait of Hormuz](https://imgqn.smm.cn/usercenter/yUOUz20251217171732.jpg)
