Nickel inventories in Shanghai bonded zone decreased slightly last week

SMM data shows pure nickel stocks in Shanghai bonded zone decreased slightly WoW last week, standing at 3,100 mt, including 1,720 mt of nickel briquette and 1,380 mt of nickel plate. The main reason is that the current import window has not yet opened. Due to limited overseas nickel plate arrivals and increased domestic nickel plate exports, there was a slight decline in the bonded zone last week.