According to the inventory data released by the London Metal Exchange (LME) on April 8, the nickel inventory increased by 630 mt or 0.31%, reaching 202,938 mt. The Kaohsiung warehouse saw the largest change, with an increase of 480 mt.
Below is the distribution change of LME nickel inventory in major global warehouses: (unit: mt)


![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)

