Nickel ore inventories at Chinese ports fell 179,000 wmt on week

Published: May 09, 2020 10:59 (GMT+8)
Nickel ore inventories across all Chinese ports continued to fall this week, decreasing 179,000 wmt from April 30 to 8.67 million wmt as of May 8, showed SMM data. This came after a decline of 347,000 wmt in the week ended April 30.

SHANGHAI, May 9 (SMM) – Nickel ore inventories across all Chinese ports continued to fall this week, decreasing 179,000 wmt from April 30 to 8.67 million wmt as of May 8, showed SMM data.
This came after a decline of 347,000 wmt in the week ended April 30.


In metal content, the stocks fell 1,500 mt this week to 71,300 mt.


SMM data also showed that nickel ore stocks across seven major Chinese ports declined 50,000 wmt this week to 7.51 million wmt.

 

 

 

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 for 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
[SMM Nickel Flash News] Indonesia Update — October 9, 2026
Oct 09, 2026 18:20 (GMT+8)
[SMM Nickel Flash News] Indonesia Update — October 9, 2026
Read More
[SMM Nickel Flash News] Indonesia Update — October 9, 2026
[SMM Nickel Flash News] Indonesia Update — October 9, 2026
Indonesian nickel ore prices remained unchanged on October 9, according to SMM: 1.2% Ni limonite: $25.5/wmt, unchanged 1.3% Ni limonite: $27.5/wmt, unchanged 1.4% Ni saprolite: $48.7/wmt, unchanged 1.5% Ni saprolite: $54.2/wmt, unchanged 1.6% Ni saprolite: $59.0/wmt, unchanged Prices are on a CIF Indonesia destination-port basis. Despite stable spot assessments, market sentiment remained weak amid lower nickel prices, reduced HMA and HPM benchmarks, increased ore availability following additional RKAB quota releases, and negative premiums for mainstream saprolite. Cautious smelter procurement may continue to weigh on upstream pricing.
Oct 09, 2026 18:20 (GMT+8)
Data: SHFE, DCE market movement (Oct 09)
Oct 09, 2026 16:01 (GMT+8)
Data: SHFE, DCE market movement (Oct 09)
Read More
Data: SHFE, DCE market movement (Oct 09)
Data: SHFE, DCE market movement (Oct 09)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 09 Oct , 2026
Oct 09, 2026 16:01 (GMT+8)
[NPI Daily Review] China spot NPI trades stall; market divergence on future trends widens
Oct 09, 2026 15:26 (GMT+8)
[NPI Daily Review] China spot NPI trades stall; market divergence on future trends widens
Read More
[NPI Daily Review] China spot NPI trades stall; market divergence on future trends widens
[NPI Daily Review] China spot NPI trades stall; market divergence on future trends widens
[SMM Daily Review: China NPI Spot Trades Stall, Market Divergence on Future Trend Widens] October 9 news, SMM high-grade NPI upstream sentiment factor was 1.87, flat MoM, and the high-grade NPI downstream sentiment factor was 1.72, flat MoM.
Oct 09, 2026 15:26 (GMT+8)