Nickel ore inventory across the national ports in China increased by 80,000 wmt WoW

As of June 28, nickel ore inventory across the national ports in China increased by 80,000 wmt to 8.039 million wmt WoW. The metal content was 63,130 mt. Among them, the inventory at the seven major ports nationwide was 4.4 million wmt. Last week, rainfall covered the entire region of the Philippines, especially in Surigao. As a result, the loading and shippment rates of Philippine laterite nickel ore significantly dropped, with some daily loading rates even reaching zero. It is expected that weather will continue to be the main factor affecting the loading and shippment of Philippine laterite nickel ore this week.