SHANGHAI, Jul 10 (SMM) — Nickel ore inventories across all Chinese ports declined 154,000 wmt from Aug 31 to 8.19 million wmt as of July 31, showed SMM data.
In Ni content, the stocks fell 1,300 mt to 65,900 mt.
SMM data also showed that nickel ore stocks across seven major Chinese ports shrank 224,000 wmt during the same period to 6.63 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)
