Nickel ore inventories plunged in China for the fifth consecutive week for the week ended 18 October 2019.
- Nickel inventories across all the ports in China fell by 20,000 wet metric tonnes to stand at 13.09 million wet metric tonnes against the previous week level of 13.110 million wet metric tonnes.
- The stock across the seven significant ports in China witnessed a drop of 120,000 wet metric tonnes to stand at 10.36 million wet metric tonnes (as on 18 October 2019).
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