SHANGHAI, Nov 1 (SMM) – Nickel ore inventories across all Chinese ports rose this week for a second straight week, increasing 440,000 wmt from a week ago to 14.1 million wmt as of November 1, SMM data showed.
Stocks in metal content gained 3,900 mt to 119,000 mt.
During the same period, stocks across seven major Chinese ports climbed 320,000 wmt to 11.09 million wmt.
![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)

