SHANGHAI, Apr 10 (SMM) – Nickel ore inventories across all Chinese ports decreased 430,000 wmt in the week ended April 10 to 9.55 million wmt, compared to a decline of 270,000 wmt in the previous week, showed SMM data.
In metal content, the stocks fell 3,900 mt this week to 79,000 mt.
SMM data also showed that nickel ore stocks across seven major Chinese ports shrank 313,000 wmt to 7.94 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)

