Markets News

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Import Window Remains Closed For Nickel

Import Window Remains Closed For Nickel

Nov 19, 2021 17:39

Source:SMM

The SHFE/LME nickel price ratio remained low this week. But the concentrated buying on the dip lowered the domestic nickel inventory.

SHANGHAI, Nov 19 – The SHFE/LME nickel price ratio remained low this week. But the concentrated buying on the dip lowered the domestic nickel inventory.

The price spread between the SHFE front-month and next-month contracts widened with the exodus of bears of the SHFE front-month contract on Thursday evening. The nickel price ratio began to rally.

The domestic supply tightness is expected to intensify if the domestic demand remains stable and the nickel price ratio remains at the current level. As such, the import window is likely to reopen.

nickel inventory

For queries, please contact William Gu at williamgu@smm.cn

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

This week, LME nickel maintains a volatile trend. Although the trend of SHFE nickel prices is strong, the imports are still at losses.

Apr 15, 2022 17:55

Analysis

Nickel Inventory in Shanghai Bonded Zone Remains almost Unchanged this Week

Nickel Ore Inventories at Chinese Ports Fell 150,000 wmt on Week

As of April 8, the nickel ore inventory at Chinese ports dipped 150,000 wmt from a week earlier to 5.737 million wmt. Total Ni content stood at 45,100 mt.

Apr 8, 2022 16:52

Analysis

Nickel Ore Inventories at Chinese Ports Fell 150,000 wmt on Week

Downstream Manufacturers have Strong Demand for Goods Delivery

LME nickel has experienced two big fluctuations and has little liquidity this week. Affected by LME nickel, SHFE nickel is weak this week, and the import losses still exist and stabilise.

Apr 1, 2022 19:46

Analysis

Downstream Manufacturers have Strong Demand for Goods Delivery

Nickel Ore Inventories at Chinese Ports down 230,000 wmt

As of April 1, the nickel ore inventory at Chinese ports dipped 230,000 wmt from a week earlier to 5.887 million wmt. Total Ni content stood at 1,800 mt.

Apr 1, 2022 19:42

Analysis

Nickel Ore Inventories at Chinese Ports down 230,000 wmt

Inventory of Refined Nickel in Bonded Zone Slightly Increased

At the beginning of this week, LME nickel maintained the same trend as last week, the spread between domestic and overseas markets gradually narrowed.

Mar 25, 2022 18:03

Analysis

Inventory of Refined Nickel in Bonded Zone Slightly Increased

Downstream Manufacturers Began to Pick up amid Low In-plant Inventory, and Social Inventory Slightly Decreased

SMM total pure nickel inventory across six regions stood at 13,169 mt, down 15 mt from the previous week.

Mar 21, 2022 10:30

Analysis

Downstream Manufacturers Began to Pick up amid Low In-plant Inventory, and Social Inventory Slightly Decreased

Pure Nickel Inventory in Domestic Bonded Areas Declined This Week

The lower premiums in the domestic spot markets combined with the two consecutive weeks of inventory increase lowered the SHFE/LME nickel price ratio early this week.

Oct 22, 2021 15:42

Analysis

Pure Nickel Inventory in Domestic Bonded Areas Declined This Week

Chinese Bonded Zone Saw Concentrated Shipments Arrivals of Nickel Plates

Companies have cut output this week due to the impact of the domestic power rationing, leading to weak downstream stockpiling before the holidays.

Sep 30, 2021 16:56

Analysis

Chinese Bonded Zone Saw Concentrated Shipments Arrivals of Nickel Plates

Refined Nickel Inventory Falls 20 Per cent in South China

Inventories of refined nickel in south China fell sharply by 20 per cent on a weekly basis, according to Shanghai Metals Market data.

Sep 18, 2017 17:37

SMM Insight

Refined Nickel Inventory Falls 20 Per cent in South China

SMM Events & Webinars

All

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  NET ZERO MEA is the premier leadership summit of solar, energy storage, and renewable energy sectors in the Mid-East.
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 New Energy Industry Chain Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

Import Window Remains Closed For Nickel

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 New Energy Industry Chain Expo