Refined Nickel Social Inventory Slightly Decreased Last Week

Published: Sep 23, 2024 14:10
Source: SMM
Last week, SMM refined nickel inventory in six major regions totaled 29,895 mt, a decrease of 82 mt WoW.

Last week, SMM refined nickel inventory in six major regions totaled 29,895 mt, a decrease of 82 mt WoW. After pre-holiday stocking, the pace of inventory reduction slowed, and the market trading atmosphere weakened again due to rising nickel prices.

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

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Refined Nickel Social Inventory Slightly Decreased Last Week - Shanghai Metals Market (SMM)