SHANGHAI, Aug 21 (SMM) — Nickel ore inventories across all Chinese ports declined 64,000 wmt from August 14 to 8.38 million wmt as of August 21, showed SMM data.
In Ni content, the stocks fell 500 mt to 67,300 mt.
SMM data also showed that nickel ore stocks across seven major Chinese ports shrank 200,000 wmt during the same period to 6.59 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)
