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As of February 23, port inventories of nickel ore in China stood at 7.721 million wmt, down 232,000 wmt from Feb 2. The total Ni content was 60,640 mt. The port inventory across seven major Chinese ports totaled 3.67 million wmt, 142,000 wmt lower than Feb 2. The rainy season has arrived, the peak shipping period passed, and nickel ore will be in a phase of reducing inventory this month.
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