AM Statistics: Lateritic nickel ore stocks in China down by 350,000t Dec 8-12
2014-12-15 09:52:11 [Print]
BEIJING (Asian Metal) 15 Dec 14 - According to latest statistics released by Asian Metal, lateritic nickel ore stocks in Chinese main ports (nine ports) were around 17,870,000t on December 12th , 2014, down by 350,000t compared with December 5th.
Ferronickel trading was active during the week, and low-grade and middle-grade nickel ore became popular as some low and middle-grade ferronickel producers resumed production after prices rose. Some nickel ore traders built stocks when nickel ore prices were low, and those materials will arrive in China in January, but cannot change the situation of short supply. Nickel ore stocks in china will continue to decline.
The table below shows lateritic nickel ore stocks in Chinese main ports from December 8-12.
Ferronickel trading was active during the week, and low-grade and middle-grade nickel ore became popular as some low and middle-grade ferronickel producers resumed production after prices rose. Some nickel ore traders built stocks when nickel ore prices were low, and those materials will arrive in China in January, but cannot change the situation of short supply. Nickel ore stocks in china will continue to decline.
The table below shows lateritic nickel ore stocks in Chinese main ports from December 8-12.
| Port |
Stocks(,000t) |
Weekly change(,000t) |
| Lianyungang Port |
6,590 |
-160 |
| Tianjin Port |
4,350 |
-50 |
| Rizhao Port |
840 |
-30 |
| Lanshan Port |
2,010 |
-110 |
| Fangcheng Port |
200 |
0 |
| Jingtang Port |
1,700 |
0 |
| Zhanjiang Port |
170 |
0 |
| Yingkou Port |
1,360 |
0 |
| Caofeidian Port |
650 |
0 |
| Total |
17,870 |
-350 |
Nickel Ore Philippine 0.8%min CIF China
Unit:USD/mt
China refined nickel producers' sales to production ratio statistics by province by month
Unit: %
