Nickel ore inventories at Chinese ports dropped 302,200 wmt on week

Published: Apr 24, 2020 17:04

Save

Nickel ore inventories across all Chinese ports fell sharply this week, decreasing 302,200 wmt from a week earlier to 9.2 million wmt as of Friday April 24, showed SMM data.

SHANGHAI, Apr 24 (SMM) – Nickel ore inventories across all Chinese ports fell sharply this week, decreasing 302,200 wmt from a week earlier to 9.2 million wmt as of Friday April 24, showed SMM data.

This came after a decline of 50,000 wmt in the previous week.

In metal content, the stocks fell 2,600 mt this week to 75,800 mt.

SMM data also showed that nickel ore stocks across seven major Chinese ports declined 160,000 wmt this week to 7.81 million wmt.

Inventory data Nickel ore

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 for 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

7 hours ago

[SMM Analysis] May 2026 Global (Ex-China) Stainless Steel Market Review, Indonesia Export Six-Month Rally Ends

The global stainless steel market navigated a series of sharp sentiment. The opening weeks saw Indonesia's mill closures and price hikes push the cost narrative to its highest point of the year, before a combination of easing geopolitical tensions triggered the first price reduction since December 2025. The month's defining characteristic was similar to April's. What differentiated May was the sharply higher amplitude of both the policy signals and the emotional swings that accompanied them.

7 hours ago

Nickel Market Sees Stable Futures, Tightening Spot Liquidity, and Cautious Trading Amid Price Resistance

[SMM Nickel News] June 15 update: Floor trading still mainly adopts the futures average price plus premium model, and spot cargo liquidity is tightening. Overall, with futures stabilizing and market sentiment recovering, suppliers' willingness to hold prices firm is strengthening, but downstream procurement pace is cautious, and landing of high-priced supply still faces resistance. In the short term, the market may continue the trend of firm offers and mild trading game.

7 hours ago

9 hours ago

Data: SHFE, DCE market movement (Jun 15)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 15 Jun , 2026

9 hours ago