January 10 Nickel Ore Inventory [SMM Port Nickel Ore Inventory]

Published: Jan 10, 2025 17:26

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As of January 10, 2025, the nationwide port inventory of nickel ore continued destocking by 2 million wmt compared to January 3, 2025, reaching 8.396 million wmt. The total equivalent metal content was 65,930 mt in metal content. In the Philippines, although Philippine mines have resumed operations after the "Double Holiday" break, the rainy season remains in the main mining areas in the south, with poor weather conditions. Currently, there have been fewer offers from Philippine mines this week, and it is expected that subsequent nickel ore port arrivals from the Philippines will see limited growth, with port inventory still primarily in a destocking trend.

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