Nickel ore inventories at Chinese ports extended decline by 270,000 wmt

Published: Apr 3, 2020 18:07

Save

Nickel ore inventories across all Chinese ports decreased 270,000 wmt in the week ended April 3 to 9.98 million wmt, compared to a decline of 400,000 wmt in the previous week, showed SMM data.

SHANGHAI, Apr 3 (SMM) – Nickel ore inventories across all Chinese ports decreased 270,000 wmt in the week ended April 3 to 9.98 million wmt, compared to a decline of 400,000 wmt in the previous week, showed SMM data.

In metal content, the stocks fell 2,500 mt this week to 82,900 mt.

SMM data also showed that nickel ore stocks across seven major Chinese ports shrank 118,000 wmt to 8.25 million wmt.

Inventory data Nickel ore

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

20 hours ago

[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.

Affected by macro sentiment, MHP and high-grade nickel matte prices declined this week.

20 hours ago

[SMM Analysis] The market experienced panic selling this week, and nickel prices plummeted.

20 hours ago

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

20 hours ago