POS 14.3% 0.6¢ poseidon nickel limited

LME Nickel stock levels, page-5

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    LME live warrants took a bit of a breather this week and added a few thou to stock, albeit still sub-50kt (48,846t).

    The SHFE, however, continues to plot new lows by week's end, with on-warrant stocks down to a paltry 2,636t!

    Little wonder reports emerged that the Chinese were "hoovering up everything in sight" over at the LME.

    Weekly SHFE warehouse data as today (21/01/22):

    https://hotcopper.com.au/data/attachments/4010/4010582-c05ce1acf0410d02e3bf3f1ae66d61ec.jpg

    (http://www.shfe.com.cn/en/MarketData/dataview.html?paramid=week)

    Last edited by zebster: 21/01/22
 
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