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Shanghai bonded nickel stocks shrank as arbitrage window briefly opened
Mar 27,2020 15:34CST
data analysis
Source:SMM
Inventories of refined nickel in the Shanghai bonded areas fell this week as the import arbitrage window opened earlier in the week. SMM data showed that inventories of pure nickel in the Shanghai bonded areas declined 500 mt in the week ended March 27 to 19,300 mt, with stocks of briquette shrinking 200 mt to 2,000 mt.
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Inventory data
Nickel

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