SHANGHAI, Apr 24 (SMM) – Nickel ore inventories across all Chinese ports fell sharply this week, decreasing 302,200 wmt from a week earlier to 9.2 million wmt as of Friday April 24, showed SMM data.
This came after a decline of 50,000 wmt in the previous week.
In metal content, the stocks fell 2,600 mt this week to 75,800 mt.
SMM data also showed that nickel ore stocks across seven major Chinese ports declined 160,000 wmt this week to 7.81 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)

