According to the latest SMM survey, refined nickel inventory in the bonded zone last week was 4,160 mt. Nickel prices surged and then fell back last week, with the persisting price gap between domestic and overseas markets, making nickel plate imports still difficult. Therefore, stocks in the bonded zone held flat WoW and are expected to fall this week.
Refined nickel stocks in bonded zone held flat last week
- May 27, 2024, at 5:30 pm
- SMM
According to the latest SMM survey, refined nickel inventory in the bonded zone last week was 4,160 mt.
- PREVIOUS ARTICLESMM • 2 years ago
Risk aversion sentiment and weak fundamentals to put downward pressure on aluminum prices
- NEXT ARTICLESMM • 2 years ago
In April, China's primary aluminium imports continued to suffer significant losses, with the total import volume through general trade being lower than 100,000 mt
