SHFE STOCKS REPORT 12/07: Nickel stocks up by 26% on muted demand

Nickel inventories on the Shanghai Futures Exchange increased by 26% week on week as of Friday July 12 amid weak domestic demand and ample supply.

Deliverable nickel stocks at SHFE-approved warehouses rose by 5,308 tonnes to 25,819 tonnes in the week to July 12.

The largest inflow of nickel this week was registered at Zhongchu Dachang in Shanghai, with 4,264 tonnes of...

Published

Violet Li

July 12, 2019

10:03 GMT

Shanghai

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