Core Insights - The London Metal Exchange (LME) reported that nickel inventories initially increased and then decreased, reaching a seven-year high on January 29, with the latest inventory level at 285,528 tons [1] - The Shanghai Futures Exchange (SHFE) indicated that nickel inventories continued to accumulate, marking five consecutive weeks of increases, with a weekly rise of 9.06% to 55,396 tons, reaching an eight-year high [1] Inventory Trends - As of February 2, 2026, LME nickel inventory stood at 285,528 tons, while SHFE inventory was at 55,396 tons as of January 30, 2026 [5] - The LME inventory peaked at 286,470 tons on January 29, 2026, before declining, while SHFE inventory has shown a consistent upward trend since January 23, 2026, when it was 50,794 tons [5] - The increase in SHFE inventory over the past five weeks indicates a significant upward trend, with the latest data reflecting a 9.06% increase from the previous week [1][5]
沪镍库存增近一成 刷新近八年最高位
Wen Hua Cai Jing·2026-02-03 02:07