Shanghai bonded refined nickel stocks remained unchanged on week

Published: Apr 30, 2021 14:32

Save

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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

19 hours ago

[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.

Affected by macro sentiment, MHP and high-grade nickel matte prices declined this week.

19 hours ago

[SMM Analysis] The market experienced panic selling this week, and nickel prices plummeted.

19 hours ago

20 hours ago

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

20 hours ago