SHANGHAI, Aug 28 (SMM) — Nickel ore inventories across all Chinese ports declined 36,000 wmt from August 21 to 8.35 million wmt as of August 28, showed SMM data.
In Ni content, the stocks fell 300 mt to 67,000 mt.
SMM data also showed that nickel ore stocks across seven major Chinese ports shrank 226,000 wmt during the same period to 6.36 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)

