Pure Nickel Social Inventory Rose 209 mt from the Previous Friday

Publicado: Mar 20, 2023 14:10

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According to the SMM research, pure nickel inventory in six regions across China stood at 6,050 mt last week.

SHANGHAI, Mar 20 (SMM) - According to the SMM research, pure nickel inventory in six regions across China stood at 6,050 mt last week, up 209 mt from the previous Friday, which was in line with market expectations. Nickel briquette inventory stood at 630 mt, down 20 mt WoW, and nickel plate inventory was 5,420 mt, up 229 mt. Last week, the downstream companies purchased on demand even though nickel prices kept falling. Nickel briquette premiums crashed last week, and the purchases were mainly made by stainless steel mills and traders for the deliveries in Wuxi market.

Inventory

Declaração sobre a Fonte de Dados: Com exceção das informações publicamente disponíveis, todos os demais dados são processados pela SMM com base em informações publicamente disponíveis, comunicação de mercado e com base no modelo de base de dados interna da SMM. São apenas para referência e não constituem recomendações para a tomada de decisão.

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