LME nickel inventory falls 1,416 tons to 204,456 tons

LME nickel inventory falls 1,416 tons to 204,456 tons

The London Metal Exchange (LME) nickel inventory decreased by 1,416 tons, dropping to 204,456 tons as of July 2, 2025 [1]. This decline in inventory comes amidst a period of market stability, with nickel prices holding above US$15,500/ton. Despite a slight increase in the spot price to US$15,320/ton, the overall market remains well-supplied.

The recent stabilization of nickel prices can be attributed to several factors. The LME nickel futures price closed at US$15,528/ton on July 22, 2025, marking a slight increase of US$5 compared to the previous day [1]. This stability is notable despite a weakening US dollar and continued growth in LME nickel inventories.

Market participants expect a volatile short-term trend for nickel prices, driven by continued inventory growth and weak Chinese demand. However, the recent decrease in inventory suggests a potential shift in supply dynamics, which could influence future price movements.

The decrease in inventory, coupled with stable prices, indicates a market that is adjusting to current supply and demand conditions. Investors and financial professionals should closely monitor the LME nickel market for further developments.

References:
[1] https://yieh.com/en/News/lme-nickel-prices-stabilize-at-one-and-a-half-month-high/155840