Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHANGHAI, May 29 (SMM) – Inventories of refined nickel in the Shanghai bonded areas held roughly flat from a week ago as increased exchange rate and expanded spot discounts eroded import arbitrage opportunities. Trades in the bonded zone were muted.
SMM data showed that inventories of pure nickel in the Shanghai bonded areas stood at 15,400 mt as of May 29, unchanged from the previous week, with nickel briquette also flat at 1,700 mt.
Arrivals of seaborne nickel briquette directly entered the domestic warehouses without flowing into the bonded areas.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn