Bonded Zone Inventory of Nickel Falls 500 mt from Feb 10

SHANGHAI, Feb 17 (SMM) - Bonded zone inventory of nickel dropped 500 mt to 7,000 mt WoW as of February 17, with the inventory of nickel briquettes and nickel plates standing at 1,470 mt and 5,530 mt respectively. Imports of pure nickel gained some profits last week and this week. Some traders who lock in the SHFE/LME nickel price ratio cleared customs this week. Nickel briquettes and nickel plates have been shipped to the spot market during the week.