SHANGHAI, Dec 4 (SMM) — Nickel ore inventories across all Chinese ports increased 68,000 wmt from November 27 to 9.31 million wmt as of December 4, showed SMM data.
In Ni content, the stocks rose 500 mt to 73,800 mt.
SMM data also showed that nickel ore stocks across seven major Chinese ports increased 48,000 wmt during the same period to 6.98 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)

