SHANGHAI, Dec 20 (SMM) – Nickel ore inventories across all Chinese ports decreased 500,000 wmt in the week ended December 20 to 14.41 million wmt, showed SMM data.

This equated to 123,000 mt in metal content, down 4,200 mt from a week ago.

For the same week, nickel ore stocks across seven major Chinese ports fell 270,000 wmt to 11.4 million wmt.