SHANGHAI, Jan 15 (SMM) — Nickel ore inventories across all Chinese ports decreased 268,000 wmt from January 8 to 8.87 million wmt as of January 15, showed SMM data.
In Ni content, the stocks fell 2,200 mt to 70,200 mt.
SMM data also showed that nickel ore stocks across seven major Chinese ports decreased 178,000 wmt during the same period to 6.94 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)

