LME Nickel Stocks










LME data week from December 9 to 13
Live Warrants started the week at 35.946 (52.18%), and ended at 102.720 (83,36%) Cancelled Warrants started the week at 32.940 (47.82%) and ended at 20.508 (16.64%)
Opening Stocks are now at 123.228 + 54.342 this week



SHANGHAI, Dec 13 (SMM) – Nickel ore inventories across all Chinese ports rebounded this week, increasing 100,000 wmt from a week earlier to 14.91 million wmt as of December 13, showed SMM data.

This equated to 128,000 mt in metal content, up 1,200 mt from a week ago.

During the same period, stocks across seven major Chinese ports climbed 160,000 wmt to 11.67 million wmt.
Source SMM




Le cours du nickel a atteint cette semaine son plus bas niveau depuis cinq mois à 13 605 dollars la tonne. Le «métal du diable » est pénalisé par le regain d’incertitude sur la conjoncture mondiale et plus particulièrement chinoise. Affectée par le conflit commercial avec les Etats-Unis, la Chine, premier pays consommateur au monde de ce métal utilisé pour la fabrication d’acier inoxydable, a vu sa croissance ralentir à 6 % sur un an au troisième trimestre, un plus bas de près de 30 ans.

source : AOF




“Lithium oversupply to continue in 2020”

You could say the same for nickel.

TDT :sunglasses:




TDT, you invest in companies, I invest in raw materials. I sold everything when it reached 18,000, I’m buying now again,



TDT :sunglasses: