SHANGHAI, Jul 24 (SMM) — Nickel ore inventories across all Chinese ports rose 250,000 wmt from July 17 to 8.08 million wmt as of July 24, showed SMM data.
In Ni content, the stocks increase 1,900 mt to 65,300 mt.
SMM data also showed that nickel ore stocks across seven major Chinese ports rose 40,000 wmt during the same period to 6.66 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)

