SHFE STOCKS REPORT 24/05: Nickel inventories up marginally amid muted demand, other metals post declines

Deliverable nickel stocks in Shanghai Futures Exchange-approved warehouses edged up by 3.1% week on week on Friday May 24 amid weakened demand for the metal, while inventories of the other base metals all declined.

SHFE nickel stocks totaled 9,098 tonnes on Friday, up by 277 tonnes from 8,821 tonnes on May 17. The largest inflow of nickel this week was registered at SIPG Logistics’ warehouse in Shanghai, with 272 tonnes of the metal entering the...

Published

Violet Li

May 24, 2019

10:25 GMT

Shanghai