Nickel ore inventories at Chinese ports fell 50,000 wmt to 7.83 million wmt

SHANGHAI, Jul 17 (SMM) — Nickel ore inventories across all Chinese ports declined 50,000 wmt from July 10 to 7.83 million wmt as of July 17, showed SMM data.

In Ni content, the stocks fell 400 mt to 63,400 mt.

SMM data also showed that nickel ore stocks across seven major Chinese ports shrank 50,000 wmt during the same period to 6.62 million wmt.