AM Statistics: Lateritic nickel ore stocks in China up by 400,000t from Nov 25-29

BEIJING (Asian Metal) 2 Dec 13 - According to Asian Metal, the stocks of lateritic nickel ore in Chinese main ports (seven ports) were around 24,430,000t from Nov 25-29, 2013, up by 400,000t compared with those last week.

Because of the strong demand from Chinese customers, most traders are active to import nickel ore. The import volume of lateritic nickel ore kept at a high level this week. The import volume of nickel ore from Indonesia 1320 million tone this week. Indonesia government will still ban nickel ore export next year, so the purchasing in China kept active. All in all, the stocks of lateritic nickel ore in Chinese ports keep moving up further this week.

The detail of stocks in each port is as follows:

Unit: Thousand Tones

Port	Stocks	Compared with that of last week
Lianyungang Port	445	+10
Tianjin Port	658	+10
Rizhao Port	265	+5
Lanshan Port	255	+5
Fangcheng Port	60	-
Jingtang Port	320	+10
Zhanjiang Port	25	-
Yingkou Port	220	-10
Caofeidian Port	195	+10
Total	2443	+40