Nationwide port nickel ore inventory decreased by 360,000 wmt

As of December 20, nationwide port nickel ore inventory decreased by 360,000 wmt from December 12 to 9.286 million wmt, equivalent to a total metal content of 72,910 mt. In the Philippines, local holidays have gradually started since mid-December, coupled with some mines that originally planned to ship nickel ore within the month failing to do so as scheduled. It is expected that the subsequent increase in Philippine nickel ore port arrivals will be limited, and port inventory will continue to drop.