LME Nickel Inventories Hit a New Low in Recent Years, while SHFE Nickel Inventories Grow 14.72%

According to data released by LME, the nickel inventories fell first and then grew. As of March 2, the inventory fell to a new low of 43,884 mt in many years, and then the inventory rebounded slightly. Yesterday, the inventory fell again, and the latest data was 44,628 mt.

According to SHFE, the nickel inventory fluctuated within a wide range in recent months. Last week, the inventory bounced back by 14.72% to 2,884 mt.