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.
![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)
