Shanghai bonded nickel stocks unchanged, but briquettes moved abroad

Published: Nov 22, 2019 15:55

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Stocks of nickel briquettes, however, decreased by 700 mt to 3,900 mt this week

SHANGHAI, Nov 22 (SMM) – Inventories of refined nickel in the Shanghai bonded areas stood at 16,300 mt as of November 22, barely changed from a week ago, SMM data showed.

Stocks of nickel briquettes, however, decreased by 700 mt to 3,900 mt this week, as oversupply domestically and hefty losses on imports triggered outflows to markets overseas.

Inventory data Nickel

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