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Nickel Inventories in Domestic Bonded Zones Dropped 400 mt from October 9

iconOct 14, 2022 15:25
Source:SMM
SMM research showed that the bonded zone inventory of nickel dipped 400 mt to 3,900 mt this week.

SHANGHAI, Oct 14 (SMM) - SMM research showed that the bonded zone inventory of nickel dipped 400 mt to 3,900 mt this week. The inventory of nickel briquette was 1,250 mt, and that of nickel plate was 2,650 mt. Although the RMB exchange rate has depreciated, the imports of spot pure nickel still gained some profits. The rigid demand for nickel briquettes still existed this week because of the expected increase in nickel sulphate output and the bullish stainless steel market in October.

Inventory

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