Bonded Zone Inventory of Nickel Dropped 1,750 mt from Last Friday

Published: Aug 26, 2022 16:13
Source: SMM
According to the SMM research, the bonded zone inventory stood at 6,850 mt this week. The inventory of nickel briquette was 2,450 mt, and that of nickel plate was 4,400 mt, down 200 mt WoW.

SHANGHAI, Aug 26 (SMM) - According to the SMM research, the bonded zone inventory stood at 6,850 mt this week. The inventory of nickel briquette was 2,450 mt, and that of nickel plate was 4,400 mt, down 200 mt WoW. The slight decrease in nickel plate inventory was caused by the small import profits and the poor downstream demand. The inventory of nickel briquette dropped 1,550 mt because the nickel sulphate capacity is gradually released in the peak season of the new energy industry, which demands more nickel briquette in the short term.

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