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Home / Metal News / Nickel ore inventories at Chinese ports fell 64,000 wmt to 8.38 million wmt

Nickel ore inventories at Chinese ports fell 64,000 wmt to 8.38 million wmt

Aug 21, 2020 18:02

Source: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.

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.

Inventory data

Nickel ore

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SMM prices of Ni1.5% ore average stood at $73.5/wmt on a cif basis on July 9, unchanged from a week earlier. Nickel ore prices remained stable this week. Quotations remained high but the mainstream traded prices in the market remained at CIF $72-75/wmt.

Jul 13, 2021 15:58

Analysis

Scarce available nickel ore kept quotes at high levels, shipping rates unlikely to fall in short-term

Nickel ore quotations rose sharply, shipping rates unlikely to fall in short-term

The average cif price of 1.5% nickel ore stood at $69/wmt last Friday, an increase of $5/wmt from a week earlier.

Jun 29, 2021 11:21

Analysis

Nickel ore quotations rose sharply, shipping rates unlikely to fall in short-term

China copper inventory grew for four straight weeks

Copper inventories in three major consumption areas in China extended their increases last week, albeit at a slower pace.

Jul 27, 2020 11:23

Analysis

China copper inventory grew for four straight weeks

Zinc social inventories fell below 200,000 mt

Zinc inventories in China continued to fall this week, primarily propelled by a sharp decline in Shanghai where inflows were affected by heavy rain and floods while outflows were supported by dip-purchases by downstream consumers.

Jul 24, 2020 16:04

Analysis

Zinc social inventories fell below 200,000 mt

Shanghai bonded nickel stocks unchanged amid import losses

Inventories of refined nickel in the Shanghai bonded areas were unchanged from a week ago at 17,300 mt as of Friday July 24, showed SMM data.

Jul 24, 2020 15:11

Analysis

Shanghai bonded nickel stocks unchanged amid import losses

Aluminium billet inventories rose after two weeks of decline

Inventories of aluminium billet in China edged higher this week, following after two straight weeks of decline, as arrivals increased while shipments from warehouses shrank.

Jul 23, 2020 15:17

Analysis

Aluminium billet inventories rose after two weeks of decline

Aluminium billet inventories fell for the second straight week

Inventories of aluminium billet in China have declined for the second consecutive week as of July 16 as arrivals were limited and deliveries remained at high levels.

Jul 16, 2020 15:32

Analysis

Aluminium billet inventories fell for the second straight week

China iron ore port inventories rose as demand weakened on production curbs

SMM data showed that iron ore stocks across 35 Chinese ports increased 340,000 mt from June 24 to 100.66 million mt as of July 3, following a 980,000 mt rise in the previous week.

Jul 6, 2020 11:08

Analysis

China iron ore port inventories rose as demand weakened on production curbs

Shanghai bonded nickel stocks inched up 100 mt from last Wednesday

Inventories of refined nickel in the Shanghai bonded areas rose slightly this week as import profits struggled to improve.

Jul 3, 2020 15:51

Analysis

Shanghai bonded nickel stocks inched up 100 mt from last Wednesday

China copper inventory surged 37,300 mt, the 1st weekly increase since late March

Copper inventories in three major consumption areas in China rose sharply this week, as high prices subdued demand while inflows of imported cargoes increased.

Jul 3, 2020 13:39

Analysis

China copper inventory surged 37,300 mt, the 1st weekly increase since late March

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Nickel ore inventories at Chinese ports fell 64,000 wmt to 8.38 million wmt

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NET ZERO MEA - Solar & Energy Storage

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