LME Nickel Inventories Reach Over Three-Year High

  • Thursday, November 7, 2024
  • Source:ferro-alloys.com

  • Keywords:nickel, ore, LME, steel, ferronickel, electrolytic nickel
[Fellow]LME Nickel Inventories Reach Over Three-Year High

[Ferro-Alloys.com] 

LME Nickel Inventories Reach Over Three-Year High

According to data released by the London Metal Exchange (LME), nickel inventories continued to accumulate last week, reaching over a three-year high of 147,162 tons as of November 4, with the latest inventory level at 147,276 tons.

Data from the Shanghai Futures Exchange (SHFE) showed that, for the week ending November 1, nickel inventories also rebounded, increasing by 9.76% to 30,742 tons, marking the highest level in over four years.

  • [Editor:邢亚敏]

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