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Home / Metal News / Pure Nickel Bonded Zone Inventory Stands Flat from May 5

Pure Nickel Bonded Zone Inventory Stands Flat from May 5

May 12, 2023 16:28

Source:SMM

As of May 12, bonded zone inventory of nickel stood flat WoW at 4,300 mt.

SHANGHAI, May 12 (SMM) - As of May 12, bonded zone inventory of nickel stood flat WoW at 4,300 mt. The inventory of nickel briquettes was 1,370 mt, and that of nickel plates was 2,930 mt. The import window remained closed amid the decline in the SHFE/LME nickel price ratio, which cast no influence on imports of nickel plates under long-term contracts priced in RMB. And some spot pure nickel still flowed into the Chinese market.

Inventory

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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