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Home / Metal News / Nickel ore inventories at Chinese ports fell 260,000 wmt to 8.61 million wmt

Nickel ore inventories at Chinese ports fell 260,000 wmt to 8.61 million wmt

Jan 22, 2021 16:56

Source:SMM

Nickel ore inventories across all Chinese ports decreased 260,000 wmt from January 15 to 8.61 million wmt as of January 22, showed SMM data.

SHANGHAI, Jan 22 (SMM) — Nickel ore inventories across all Chinese ports decreased 260,000 wmt from January 15 to 8.61 million wmt as of January 22, showed SMM data.

In Ni content, the stocks fell 2,200 mt to 68,000 mt.

SMM data also showed that nickel ore stocks across seven major Chinese ports decreased 170,000 wmt during the same period to 6.77 million wmt.

Inventory data

Nickel

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SHFE nonferrous metals declined broadly on Friday January 22. Copper fell 0.61%, zinc slumped 2.51%, lead shed 0.66% and nickel weakened 1.13%, while aluminium edged up 0.1% and tin rose 1.83%.

Jan 22, 2021 19:11

SMM Comments

SMM Evening Comments (Jan 22): Nonferrous metals on the SHFE fell for the most part, zinc plunged 2.51%

Zinc social inventories shrank 1,100 mt on week

Zinc inventories in China fell this week, with stocks in Shanghai and Tianjin decreasing relatively sharply.

Jan 22, 2021 16:09

Analysis

Zinc social inventories shrank 1,100 mt on week

Shanghai bonded copper stocks added 1,700 mt on week

Stocks of copper in Shanghai bonded areas increased slightly for two consecutive weeks on larger arrivals.

Jan 22, 2021 15:30

Analysis

Shanghai bonded copper stocks added 1,700 mt on week

SMM Morning Comments (Jan 22): Shanghai base metals performance mixed as traders monitored the beginning of Joe Biden’s presidency

Shanghai base metals traded mixed on Friday morning as traders monitored the European Central Bank's latest meeting and the beginning of Joe Biden's presidency. Meanwhile, their counterparts on the LME also set for a mixed start.

Jan 22, 2021 10:00

SMM Comments

SMM Morning Comments (Jan 22): Shanghai base metals performance mixed as traders monitored the beginning of Joe Biden’s presidency

SMM Evening Comments (Dec 25): Shanghai nonferrous metals rose across the board for the 2nd day

SHFE nonferrous metals closed higher across the board on Friday December 25.

Dec 25, 2020 18:00

SMM Comments

SMM Evening Comments (Dec 25): Shanghai nonferrous metals rose across the board for the 2nd day

China HRC inventories continued their falls this week

Inventories of hot-rolled coils of steel sheets used to produce home appliances and cars in China extended declines this week, and the decline expanded slightly compared with the prior week.

Dec 25, 2020 11:31

Analysis

China HRC inventories continued their falls this week

Iron ore arrivals at Chinese ports rose 2.15 million mt on week

A total of 112 vessels carrying 16.8 million mt of iron ore arrived at major Chinese ports during December 13-19, SMM estimates. This was up 2.15 million mt from the previous week and 2.06 million mt from the same period last year. Arrivals at Tangshan port increased one million mt on the week.

Dec 22, 2020 11:09

Analysis

Iron ore arrivals at Chinese ports rose 2.15 million mt on week

Zinc social inventories shrank 500 mt over weekend

Zinc inventories in China fell over the weekend, primarily propelled by a decrease in Guangdong.

Dec 21, 2020 13:57

Analysis

Zinc social inventories shrank 500 mt over weekend

SMM Morning Comments (Dec 21): Base metals on both SHFE and LME fell mostly on dollar bounce-back

Shanghai base metals and their counterparts on the LME cruised lower for the most part on Monday morning as the US dollar rebounded slightly.

Dec 21, 2020 10:05

SMM Comments

SMM Morning Comments (Dec 21): Base metals on both SHFE and LME fell mostly on dollar bounce-back

SMM Evening Comments (Nov 23): Shanghai nonferrous metals closed mostly higher, tin fell 0.01%

SHFE nonferrous metals rose for the most part on Monday November 23 as investors continued to watch for coronavirus developments.

Nov 23, 2020 17:30

SMM Comments

SMM Evening Comments (Nov 23): Shanghai nonferrous metals closed mostly higher, tin fell 0.01%

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Nickel ore inventories at Chinese ports fell 260,000 wmt to 8.61 million wmt

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NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 (10th) China International New Energy Industry Expo