Nickel Plate Inventory in the Bonded Zone Rose Slightly by 400 mt

SHANGHAI, Oct 8 (SMM) – The warehousing and shipment operations basically stopped in the bonded zone during the National Day holiday, with only a small amount of arrivals of nickel plate.

The domestic demand is expected to pick up next week amid resumed production among nickel sulphate and stainless steel companies. The SHFE/LME price ration is likely to stay unchanged from the current level in the short term, and the import and export window will remain open.