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Home / Metal News / Nickel ore inventories at Chinese ports fell 153,000 wmt to 9.14 million wmt

Nickel ore inventories at Chinese ports fell 153,000 wmt to 9.14 million wmt

Jan 8, 2021 17:30

Source:SMM

Nickel ore inventories across all Chinese ports decreased 153,000 wmt from December 31 to 9.14 million wmt as of January 8, showed SMM data.

SHANGHAI, Jan 8 (SMM) — Nickel ore inventories across all Chinese ports decreased 153,000 wmt from December 31 to 9.14 million wmt as of January 8, showed SMM data.

In Ni content, the stocks fell 1,200 mt to 72,300 mt.

SMM data also showed that nickel ore stocks across seven major Chinese ports decreased 183,000 wmt during the same period to 7.12 million wmt.

Inventory data

Nickel

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SHFE nonferrous metals broadly fell on Thursday December 31 as multiple markets closed early for New Year's Eve.

Dec 31, 2020 18:00

SMM Comments

SMM Evening Comments (Dec 31): Shanghai nonferrous metals fell across the board

SMM Morning Comments (Dec 29): LME base metals were mostly higher after trading resumed

Shanghai base metals mostly cruised lower on Tuesday morning, while their counterparts on the LME rose for the most part as market sentiment was boosted after Trump signed into law the $2.3 trillion pandemic aid and spending package.

Dec 29, 2020 09:45

SMM Comments

SMM Morning Comments (Dec 29): LME base metals were mostly higher after trading resumed

SMM Morning Comments (Dec 9): Shanghai base metals and the LME complex mostly advanced

Nonferrous metals on the SHFE were mostly higher on Wednesday morning, while their counterparts on the LME also advanced for the most part.

Dec 9, 2020 10:01

SMM Comments

SMM Morning Comments (Dec 9): Shanghai base metals and the LME complex mostly advanced

SMM Evening Comments (Dec 8): Shanghai nonferrous metals closed mostly higher as investors remained cautious over post-Brexit trade deal

SHFE nonferrous metals rose for the most part on Tuesday November 8 as investors remained cautious over rising coronavirus cases, U.S. stimulus negotiations as well as Brexit talks between the U.K. and the European Union.

Dec 8, 2020 18:00

SMM Comments

SMM Evening Comments (Dec 8): Shanghai nonferrous metals closed mostly higher as investors remained cautious over post-Brexit trade deal

SMM Morning Comments (Nov 6): Shanghai base metals performance mixed as US election uncertainty remains

Shanghai base metals traded mixed on Friday morning, as investors continue to wait for a result from the US election. Meanwhile, their counterparts on the LME were mostly higher.

Nov 6, 2020 09:55

SMM Comments

SMM Morning Comments (Nov 6): Shanghai base metals performance mixed as US election uncertainty remains

SMM Evening Comments (Sep 17): Shanghai nonferrous metals fell across the board

SHFE nonferrous metals fell across the board on Thursday September 17.

Sep 17, 2020 18:02

SMM Comments

SMM Evening Comments (Sep 17): Shanghai nonferrous metals fell across the board

SMM Morning Comments (Sep 17): Nonferrous metals fell across the board after the Fed hints low rates until 2023

Nonferrous metals on both SHFE and LME declined across the board in early trading of Thursday as investors react to developments from the US Federal Reserve which said it would keep interest rates near zero for years until US economy heals from the effect of the coronavirus pandemic.

Sep 17, 2020 10:01

SMM Comments

SMM Morning Comments (Sep 17): Nonferrous metals fell across the board after the Fed hints low rates until 2023

SMM Evening Comments (Sep 15): Shanghai nonferrous metals closed mostly higher, tin fell 0.23%

SHFE nonferrous metals rose for the most part on Tuesday September 15 as China's investment and consumption data in August improved on the macro level, leading to the optimistic investment sentiment.

Sep 15, 2020 18:17

SMM Comments

SMM Evening Comments (Sep 15): Shanghai nonferrous metals closed mostly higher, tin fell 0.23%

SMM Evening Comments (Sep 14): Shanghai nonferrous metals rose across the board

SHFE nonferrous metals closed higher across the board on Monday September 14 as China’s social financing for August exceeded expectations to boost market confidence.

Sep 14, 2020 17:49

SMM Comments

SMM Evening Comments (Sep 14): Shanghai nonferrous metals rose across the board

Nickel ore inventories at Chinese ports rose 55,000 wmt to 8.91 million wmt

Nickel ore inventories across all Chinese ports increased 55,000 wmt from September 4 to 8.91 million wmt as of September 11, showed SMM data.

Sep 11, 2020 17:29

Analysis

Nickel ore inventories at Chinese ports rose 55,000 wmt to 8.91 million wmt

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Nickel ore inventories at Chinese ports fell 153,000 wmt to 9.14 million wmt

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit