SHANGHAI, Dec 31 (SMM) - Nickel ore inventories across all Chinese ports increased 40,000 wmt from December 25 to 9.29 million wmt as of December 31, showed SMM data.
In Ni content, the stocks rose 300 mt to 73,500 mt.
SMM data also showed that nickel ore stocks across seven major Chinese ports increased 50,000 wmt during the same period to 7.3 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)

