Nickel ore inventory at ports nationwide slightly increased by 60,000 wmt this week

Published: Sep 29, 2024 13:33

Source: SMM

Save

On September 27, nickel ore inventory at ports nationwide slightly increased by 60,000 wmt to 9.472 million wmt compared to September 20.

On September 27, nickel ore inventory at ports nationwide slightly increased by 60,000 wmt to 9.472 million wmt compared to September 20. The total metal content was 74,370 mt. In the Philippines, two consecutive weeks of rainfall significantly affected the recent shipping efficiency of Philippine laterite nickel ore. Additionally, increased shipping demand from other directions during the week led to fluctuations in ocean freight rates for Philippine laterite nickel ore.

Market review

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

22 hours ago

[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.

Affected by macro sentiment, MHP and high-grade nickel matte prices declined this week.

22 hours ago

23 hours ago

[SMM Analysis] The market experienced panic selling this week, and nickel prices plummeted.

23 hours ago

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

23 hours ago