SHANGHAI, Nov 22 (SMM) – Nickel ore inventories across all Chinese ports again rose this week after them slipping from one year high last week.
SMM data showed that the port inventories rose 160,000 wmt from November 15 to stand at 14.75 million wmt as of November 22. Stocks in metal content gained 1,500 mt to 126,000 mt.
During the same period, stocks across seven major Chinese ports climbed 110,000 wmt to stand at 11.48 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)

