Nickel ore inventories at Chinese ports rose 325,000 wmt to 5.66 million wmt

Published: Jul 23, 2021 17:14

Save

Nickel ore inventories across all Chinese ports increased 325,000 wmt from July 16 to 5.66 million wmt as of July 23, showed SMM data.

SHANGHAI, Jul 23 (SMM) — Nickel ore inventories across all Chinese ports increased 325,000 wmt from July 16 to 5.66 million wmt as of July 23, showed SMM data.

In Ni content, the stocks stood at 44,600 mt.

SMM data also showed that nickel ore stocks across seven major Chinese ports increased 85,000 wmt during the same period to 3.5 million wmt.

Nickel ore inventories increased sharply this week. Customs imports fell short of expectations in June due to some cargoes held in port and the short-term shutdown of the northern ports in response to the environmental protection needs. The problem of holding in port eased in July, and the arrivals increased. Nickel ore inventories at Chinese ports may still maintain an upward trend in the near term amid peak season of delivery.

Inventory data Nickel

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 for 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

8 hours ago

[SMM Stainless Steel Flash] Malaysia Initiates Anti-Dumping Investigation on Cold-Rolled Stainless Steel from Indonesia

Malaysia's Ministry of Investment, Trade and Industry (MITI) formally published a notice in the Federal Government Gazette (P.U.(B) 331) on September 9, 2026, initiating an anti-dumping investigation (Case AD 03/26) into cold-rolled stainless steel products in coils, sheets, or any other form originating or exported from Indonesia, pursuant to Section 20 of the Countervailing and Anti-Dumping Duties Act 1993. The petition was lodged by Bahru Stainless Sdn. Bhd., based in Johor, on behalf of the Malaysian industry. Subject merchandise falls under HS/AHTN codes 7219.31–7219.35, 7219.90, and 7220.20 series. The petitioner alleges significant dumping margins with evidence of injury including increased import volumes, market share loss, price undercutting and depression, reduced sales and capacity utilization, and inventory buildup. All interested parties must submit questionnaire responses and views via the TRIMA system within 30 days of the gazette publication.

8 hours ago

9 hours ago

Data: SHFE, DCE market movement (Sep 09)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 09 Sep , 2026

9 hours ago

10 hours ago

SMM High-Grade NPI Sentiment Stable in September, Bull-Bear Divide Persists

[SMM Nickel Flash] On September 9, the SMM high-grade NPI market sentiment factor stood at 1.74, flat MoM. The upstream sentiment factor for high-grade NPI was 1.83, flat MoM, while the downstream sentiment factor for high-grade NPI was 1.65, also flat MoM. Market divergence between bulls and bears remains significant.

10 hours ago