Port nickel ore inventory decreased slightly by 132,000 wmt

As of December 13, nationwide port nickel ore inventory decreased slightly by 132,000 wmt from December 6 to 9.646 million wmt, equivalent to a total metal content of 75,730 mt. In the Philippines, a new round of bidding began at some mines in the northern Zambales region during the week, and there will still be a small amount of nickel ore exports from the Philippines in the future. However, given that domestic downstream still shows some restocking intentions, there remains room for further declines in port inventory.