As of November 17, port inventories of nickel ore in China stood at 10.009 million wmt, up 147,000 wmt WoW. The total Ni content was 78,580 mt. The port inventory across seven major Chinese ports totaled 4.89 million wmt, 87,000 wmt higher than the November 10. It's almost the rainy season, the peak shipping period passed, and nickel ore will be in a phase of reducing inventory in Q4 2023.



