January 17 Nickel Ore Inventory [SMM Port Nickel Ore Inventory]

Published: Jan 17, 2025 17:02

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As of January 17, 2025, the nationwide port inventory of nickel ore continued destocking by 1.2 million wmt compared to January 3, 2025, reaching 8.276 million wmt. The total equivalent metal content was 64,990 mt in metal content. In the Philippines, although mines in the Philippines 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 port arrivals of Philippine nickel ore will see limited growth, with port inventory continuing to focus on destocking.

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