According to SMM research, pure nickel inventory in six regions across China stood at 18,271 mt, down 36 mt from December 22. SHFE nickel price continued to decline. According to SMM research, there were still reasonable transactions for domestically produced nickel plates last week. Considering the current oversupply, it is anticipated that nickel plate stocks will continue to accumulate this week.
Pure nickel social inventory across China’s six major regions decreased, but may grow this week
- Jan 02, 2024, at 1:58 am
- SMM
According to SMM research, pure nickel inventory in six regions across China stood at 18,271 mt, down 36 mt from December 22.
