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Nickel Ore Stocks at China Five Major Ports Drop Another 271,000 Tonnes

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    And… the inventories continue their drop… This has just been released this morning for last weeks stockpiles

    I wonder how long before it hits a critical level… I read somewhere that they need to blend the Philippines ore with the Indonesian ore, and when the Indonesian stuff runs out they will need to purchase from LME stockpiles.

    .As well as that, at some point there won’t be any for sale as the stockpile includes purchased stock that is on owned by a smelter



    Nickel Ore Stocks at China Five Major Ports Drop Another 271,000 Tonnes

    Mar 15, 2015 15:51 GMT Source:SMM
    Tags: China nickel ore inventories
    SHANGHAI, Mar. 15 (SMM) – Nickel ore inventories at the five major Chinese ports fell by 271,000 tonnes last week to 11.15 million tonnes, SMM's latest survey shows.
    Although ore stocks at the Port of Lanshan continued growing, inventories at other ports either remained unchanged or declined due to a lack of new arrivals.

    Nickel Ore Inventories at China’s Five Major Ports Unit: 1,000 tonnes
    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7
    0
    Date

    Tianjin

    Rizhao

    Lanshan

    Lianyungang

    Jingtang

    Total

    1
    2015/3/6

    3680

    980

    1515

    4150

    1100

    11425

    2
    2015/3/13

    3680

    970

    1604

    3800

    1100

    11154

    3
    Change

    0

    -10

    89

    -350

    0

    -271

    Source: SMM
 
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