Nickel ore inventories at Chinese ports extended decline by 550,000 wmt

Published: Mar 13, 2020 15:40

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Nickel ore inventories across all Chinese ports decreased 550,000 wmt in the week ended March 13 to 11.33 million wmt, compared to a decline of 700,000 wmt in the previous week, showed SMM data.

SHANGHAI, Mar 13 (SMM) – Nickel ore inventories across all Chinese ports decreased 550,000 wmt in the week ended March 13 to 11.33 million wmt, compared to a decline of 700,000 wmt in the previous week, showed SMM data.

In metal content, the stocks fell 5,000 mt this week to 95,000 mt.

SMM data also showed that nickel ore stocks across seven major Chinese ports shrank 250,000 wmt to 9.15 million wmt.

Inventory data Nickel ore

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