SHFE STOCKS REPORT 28/06: Nickel inventories up 19% vs last week

Nickel stocks on the Shanghai Futures Exchange rose to 20,464 tonnes as of Friday, up by 3,208 tonnes or 19% from last Friday, according to the SHFE’s latest inventory report.

The largest inflow of nickel this week was registered at Zhongchu Dachang in Shanghai, with 2,164 tonnes of the metal entering the warehouse. An increased number of orders for nickel could have resulted from expectations of traditional off-season consumption...

Published

Huaqing Fu

June 28, 2019

12:50 GMT

Shanghai