AM Statistics: Lateritic nickel ore stocks in China up by 140,000t Sep 1-5
2014-09-09 09:09:02 [Print]
BEIJING (Asian Metal) 9 Sep 14 - According to latest statistics released by Asian Metal, lateritic nickel ore stocks in Chinese main ports (nine ports) were around 17,760,000t on September 5th, 2014, up by 140,000t compared with August 29th.
Chinese ferronickel prices dropped slightly and operating rates of ferronickel plants continued to decline, so their demand for lateritic nickel ore softened. As a result, lateritic nickel ore stocks in Chinese ports continued to increase.
The table below shows lateritic nickel ore stocks in Chinese main ports from September 1-5.
Unit: kt
Chinese ferronickel prices dropped slightly and operating rates of ferronickel plants continued to decline, so their demand for lateritic nickel ore softened. As a result, lateritic nickel ore stocks in Chinese ports continued to increase.
The table below shows lateritic nickel ore stocks in Chinese main ports from September 1-5.
Unit: kt
| Port |
Stocks |
Weekly change |
| Lianyungang Port |
6,130 |
140 |
| Tianjin Port |
4,350 |
-100 |
| Rizhao Port |
1,430 |
-50 |
| Lanshan Port |
1,870 |
50 |
| Fangcheng Port |
350 |
50 |
| Jingtang Port |
1,200 |
0 |
| Zhanjiang Port |
170 |
0 |
| Yingkou Port |
1,510 |
50 |
| Caofeidian Port |
750 |
0 |
| Total |
17,760 |
140 |
Nickel Ore Philippine 0.8%min CIF China
Unit:USD/mt
China refined nickel producers' operating rate statistics by province by month
Unit: %
