SHANGHAI, Jul 10 (SMM) — Nickel ore inventories across all Chinese ports declined 200,000 wmt from July 3 to 7.88 million wmt as of July 10, showed SMM data.
In Ni content, the stocks fell 1,700 mt to 63,800 mt.
SMM data also showed that nickel ore stocks across seven major Chinese ports shrank 240,000 wmt during the same period to 6.67 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)

