SHANGHAI, Nov 29 (SMM) – Nickel ore inventories across all Chinese ports rose this week for a second straight week, showed SMM data.
The port inventories increased 150,000 wmt from a week earlier to 14.9 million wmt as of November 29. Stocks in metal content gained 1,400 mt to 127,000 mt.
During the same period, stocks across seven major Chinese ports climbed 100,000 wmt to 11.58 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)

