Refined Nickel Inventory in Bonded Zone Continued to Decrease During the Week

Published: Sep 29, 2024 13:30
Source: SMM
According to the latest SMM survey data, refined nickel inventory in the bonded zone reached 3,100 mt this week, a decrease of 1,000 mt WoW.

According to the latest SMM survey data, refined nickel inventory in the bonded zone reached 3,100 mt this week, a decrease of 1,000 mt WoW. The survey showed that some overseas nickel plates were re-exported from the bonded zone to overseas, leading to a continued decrease in bonded zone inventory.

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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