SHANGHAI, Jun 29 (SMM) – Nickel ore inventories across all Chinese ports shrank 40,000 wmt from a week ago to 8.87 million wmt as of Friday June 29, SMM data showed.
This followed an increase of 750,000 wmt last week.
The overall port inventory stood at 74,000 mt in Ni content as of Friday, down 200 mt from a week ago.
Nickel ore stocks across seven major Chinese ports dipped 30,000 wmt from the previous week and registered at 6.27 million wmt.
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