Shanghai bonded refined nickel stocks remained unchanged on week

Published: Jun 11, 2021 17:44
Inventories of refined nickel in the Shanghai bonded areas remained unchanged from a week ago and stood at 9,700 mt as of June 11, showed SMM data.

SHANGHAI, Jun 11 (SMM) – Inventories of refined nickel in the Shanghai bonded areas remained unchanged from a week ago and stood at 9,700 mt as of June 11, showed SMM data.

The tradable goods in the bonded area were limited, and the import window changed little compared with last week, so there are few spot offers and few transactions. This accounted for the stable situation in the nickel bonded stocks this week.

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.

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