According to the market news, the current nickel inventory amount in the London Metal Exchange (LME) has continued to increase in the past 9 trading days.

Among them, the inventory had increased by 2,700 tons on February 19th, and the total inventory hit 221,000 tons recently.

The inventory currently has increased by nearly 15% month on month, and the main reason caused by most of the Chinese stainless steel mills were still not resumed to produce yet.