SHANGHAI, Oct 16 (SMM) — Nickel ore inventories across all Chinese ports increased 202,000 wmt from October 9 to 9.41 million wmt as of October 16, showed SMM data.
In Ni content, the stocks rose 1,500 mt to 75,100 mt.
SMM data also showed that nickel ore stocks across seven major Chinese ports increased 232,000 wmt during the same period to 7.04 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)

