Shanghai bonded refined nickel stocks remained unchanged on week

Published: Dec 4, 2020 16:30

Save

Inventories of refined nickel in the Shanghai bonded areas remained unchanged from a week ago and stood at 23,800 mt as of December 4, showed SMM data.

SHANGHAI, Dec 4 (SMM) – Inventories of refined nickel in the Shanghai bonded areas remained unchanged from a week ago and stood at 23,800 mt as of December 4, showed SMM data.

Arrivals increased on week, and most of nickel briquette are booked for downstream, so they enter China through direct customs clearance. Nickel plating from Japan and Norway has also arrived at the port, and it is not expected to move into the bonded area for the time being. Meanwhile, import loss remained above-3,000 yuan/mt, which caused few transactions in the bonded area.

Inventory data Nickel

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

23 hours ago

[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.

Affected by macro sentiment, MHP and high-grade nickel matte prices declined this week.

23 hours ago

[SMM Analysis] The market experienced panic selling this week, and nickel prices plummeted.

23 hours ago

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

23 hours ago