Nationwide port nickel ore inventory decreased by 300,000 wmt

Published: Dec 30, 2024 13:07

Source: SMM

Save

As of December 27, nationwide port nickel ore inventory decreased by 300,000 wmt from December 20 to 8.986 million wmt, equivalent to a total metal content of 70,560 mt.

As of December 27, nationwide port nickel ore inventory decreased by 300,000 wmt from December 20 to 8.986 million wmt, equivalent to a total metal content of 70,560 mt. In the Philippines, local mines began suspending operations for holidays in mid-December, coupled with the rainy season in the southern Philippines. It is expected that subsequent port arrivals of Philippine nickel ore will see limited growth, and port inventory will continue to decline.

Market forecast 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

20 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.

20 hours ago

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

20 hours ago

21 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

21 hours ago