SMM

On December 6, the national port nickel ore inventory slightly decreased by 230,000 wmt to 9.778 million wmt compared to November 29. The total equivalent metal content is 76,760 mt. In the Philippines, most mines have basically stopped tender quotes since December, but a small number of northern mines and those in the Palawan and Tawi-Tawi areas will still have a small amount of nickel ore shipped within the month. It is expected that the export volume of Philippine nickel ore will significantly decline in December.