Shanghai bonded refined nickel stocks remained unchanged on week

Published: Apr 30, 2021 14:32

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Inventories of refined nickel in the Shanghai bonded areas remained unchanged from a week ago at 9,300 mt as of April 30, showed SMM data.

SHANGHAI, Apr 30 (SMM)—Inventories of refined nickel in the Shanghai bonded areas remained unchanged from a week ago at 9,300 mt as of April 30, showed SMM data.
Domestic nickel prices trended higher this week, which deterred downstream users from restocking. Meanwhile, as import window for spot cargoes gradually opened, Norwegian nickel and nickel briquette from LME warehouses entered into the domestic market directly.

Shang bonded zone Refined nickel Inventory data

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