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Home / Metal News / Nickel ore inventories at Chinese ports extended decline by 750,000 wmt

Nickel ore inventories at Chinese ports extended decline by 750,000 wmt

Feb 28, 2020 18:14

Source:SMM

Nickel ore inventories across all Chinese ports decreased 750,000 wmt in the week ended February 28 to 12.59 million wmt, more than double the decline of 360,000 wmt in the previous week.

SHANGHAI, Feb 28 (SMM) – Nickel ore inventories across all Chinese ports decreased 750,000 wmt in the week ended February 28 to 12.59 million wmt, more than double the decline of 360,000 wmt in the previous week, showed SMM data.

In metal content, the stocks fell 6,800 mt this week to 106,500 mt.

SMM data also showed that nickel ore stocks across seven major Chinese ports shrank 660,000 wmt to 9.86 million wmt.

Inventory data

Nickel ore

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