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Home / Metal News / Nickel ore inventories at Chinese ports fell 36,000 wmt to 8.35 million wmt

Nickel ore inventories at Chinese ports fell 36,000 wmt to 8.35 million wmt

Aug 28, 2020 18:30

Source: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.

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.

Inventory data

Nickel ore

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This is a roundup of China's metals weekly inventory as of July 30.

Jul 30, 2021 20:00

Analysis

China Weekly Inventory Summary and Data Wrap (Jul 30)

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

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

1.5% of medium-grade nickel ore prices to decline in December

Prices of medium-grade nickel ore remained at $75/wmt in November. Shipments from the Philippines, sold over the previous periods, declined sharply amid the rainly season and cargoes in the spot market thinned.

Dec 15, 2020 15:57

Analysis

1.5% of medium-grade nickel ore prices to decline in December

Import volume of nickel ore in October stood at 5.1 million mt

According to customs data, China's nickel ore imports totalled 5.1 million mt (customs data denotes both dry and wet mt) in October, a 17.9% increase from the previous month and a year-on-year decline of 25.6%.

Dec 1, 2020 15:14

Analysis

Import volume of nickel ore in October stood at 5.1 million mt

Operating rates of copper rods are expected to decline in September with high inventories

Operating rates at copper rod makers stood at 72.66% in August, a decrease of 3.50 percentage points month on month and 2.79 percentage points year on year, according to SMM survey.

Sep 7, 2020 10:33

Analysis

Operating rates of copper rods are expected to decline in September with high inventories

Shanghai bonded refined nickel stocks remained unchanged on week

Inventories of refined nickel in the Shanghai bonded areas remained unchanged from a week ago and stood at 20,800 mt as of September 4, showed SMM data.

Sep 4, 2020 17:42

Analysis

Shanghai bonded refined nickel stocks remained unchanged on week

China steel rebar inventory shrank on week in a high season

Inventories of steel rebar across Chinese steelmakers and social warehouses declined in the week ended September 3 as in-plant stocks fell rapidly in a traditional high season.

Sep 4, 2020 15:25

Analysis

China steel rebar inventory shrank on week in a high season

Social inventories of lead ingots dropped larger than expectations

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dropped more than 4,700 mt from the prior week to 31,600 mt in the week ended September 4.

Sep 4, 2020 14:20

Analysis

Social inventories of lead ingots dropped larger than expectations

Silicon social inventories rose 4,000 mt on week

Social inventories of silicon metal in China edged higher this week as producers in Yunnan stepped up operations.

Aug 28, 2020 16:52

Analysis

Silicon social inventories rose 4,000 mt on week

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Nickel ore inventories at Chinese ports fell 36,000 wmt to 8.35 million wmt

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