Nickel Inventory in Chinese Bonded Zone Accumulated Slightly

Published: Nov 5, 2021 17:48

Source: SMM

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The SHFE/LME nickel price ratio did not provide the opportunity to import cargoes this week. Therefore, the overall shipments from the bonded area was limited.

SHANGHAI, Nov 5 – The SHFE/LME nickel price ratio did not provide the opportunity to import cargoes this week. Therefore, the overall shipments from the bonded area was limited.

The cargoes from overseas have arrived. The traders moved them into the bonded zone, and will ship the cargoes into the domestic market after the import window opens.

The total inventories in the domestic bonded zone added 1,000 mt from a week ago.

nickel inventory

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