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

Published: Jul 17, 2020 19:04
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.

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.

 

 

 

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 to learn 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
Indonesia's ESDM Announces New Nickel Ore HPM Benchmark Price — In-Depth Analysis of Impact on Nickel Prices
11 hours ago
Indonesia's ESDM Announces New Nickel Ore HPM Benchmark Price — In-Depth Analysis of Impact on Nickel Prices
Read More
Indonesia's ESDM Announces New Nickel Ore HPM Benchmark Price — In-Depth Analysis of Impact on Nickel Prices
Indonesia's ESDM Announces New Nickel Ore HPM Benchmark Price — In-Depth Analysis of Impact on Nickel Prices
11 hours ago
[SMM Analysis] Indonesia's HPM New Policy Pushes Up Costs: How Will the High-Grade NPI Market Change?
12 hours ago
[SMM Analysis] Indonesia's HPM New Policy Pushes Up Costs: How Will the High-Grade NPI Market Change?
Read More
[SMM Analysis] Indonesia's HPM New Policy Pushes Up Costs: How Will the High-Grade NPI Market Change?
[SMM Analysis] Indonesia's HPM New Policy Pushes Up Costs: How Will the High-Grade NPI Market Change?
[SMM Analysis: Indonesia's HPM New Policy Pushes Up Costs — How Will the High-Grade NPI Landscape Change?] Recently, affected by Indonesia's nickel ore quota and HPM benchmark price adjustments, high-grade NPI production costs have seen a rigid increase. Combined with supply-side increments falling short of expectations and continued inventory destocking, market prices have fluctuated upward... The following is SMM's detailed analysis:
12 hours ago
[SMM Stainless Steel Flash] Major China CR Stainless Producer Sees Profit Drop in 2025, Sets Higher 2026 Targets
14 hours ago
[SMM Stainless Steel Flash] Major China CR Stainless Producer Sees Profit Drop in 2025, Sets Higher 2026 Targets
Read More
[SMM Stainless Steel Flash] Major China CR Stainless Producer Sees Profit Drop in 2025, Sets Higher 2026 Targets
[SMM Stainless Steel Flash] Major China CR Stainless Producer Sees Profit Drop in 2025, Sets Higher 2026 Targets
A major Chinese cold-rolled stainless producer reported revenue of RMB 42.65 billion in 2025, up 11.88% YoY, while net profit fell 32.31% YoY to RMB 549 million. Cold-rolled stainless sales rose 7.67% YoY to 3.568 million mt. For 2026, the company targets sales of 3.8-4.0 million mt, revenue of RMB 45-50 billion, and net profit of RMB 585-750 million.
14 hours ago
Nickel ore inventories at Chinese ports fell 50,000 wmt to 7.83 million wmt - Shanghai Metals Market (SMM)