SHANGHAI, Sep 4 (SMM) — Nickel ore inventories across all Chinese ports increased 504,000 wmt from August 28 to 8.85 million wmt as of September 4, showed SMM data.
In Ni content, the stocks rose 4,000 mt to 71,000 mt.
SMM data also showed that nickel ore stocks across seven major Chinese ports expanded 274,000 wmt during the same period to 6.64 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)

