Bonded Zone Inventory of Nickel Stays Unchanged from November 25

Published: Dec 2, 2022 15:49
Source: SMM
As of December 2, bonded zone inventory of nickel stood flat WoW at 5,180 mt.

SHANGHAI, Dec 2 (SMM) - As of December 2, bonded zone inventory of nickel stood flat WoW at 5,180 mt. The inventory of nickel briquette was 1,250 mt, and that of nickel plate was 3,930 mt. The SHFE/LME price ratio remained at 7.5-7.6 within the week , and the spot import losses stood at around  20,000 yuan/mt. In addition, the downstream demand for pure nickel continued to be poor, so there was almost no customs clearance for pure nickel in the bonded zone this week.

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