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Refined nickel social inventory continued the decrease trend last week

  • Jul 22, 2024, at 4:20 pm
  • SMM
Last week, SMM refined nickel inventory across the six major regions in China was 26,777 mt, down 942 mt WoW.

Last week, SMM refined nickel inventory across the six major regions in China was 26,777 mt, down 942 mt WoW. During the week, as the market fluctuated downward, downstream restocking sentiment continued. Overall, the trading atmosphere was relatively warm in the spot market. The slight decrease in domestic inventory aligned with the fundamentals.

  • Industry
  • Nickel
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