Home / Metal News / Shanghai bonded refined nickel stocks rose 1,000 mt on week

Shanghai bonded refined nickel stocks rose 1,000 mt on week

iconMay 28, 2021 16:56
Source:SMM
Inventories of refined nickel in the Shanghai bonded areas increased 1,000 mt from a week ago and stood at 9,700 mt as of May 28, showed SMM data.

SHANGHAI, May 28 (SMM) – Inventories of refined nickel in the Shanghai bonded areas increased 1,000 mt from a week ago and stood at 9,700 mt as of May 28, showed SMM data.

Nickel plates and briquettes from LME Asia warehouse arrived in port this week. As the import window was still in a loss state, inventories of domestic refined nickel were also at a low level. Therefore, about 1,000 mt of refined nickel moved into the bonded area to wait for import loss to improve.

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news