[SMM Analysis] January & February Nickel Matte Imports and Exports

Published: Mar 30, 2026 11:55

Save

According to the latest data from the China Customs website, China’s total nickel matte imports in January 2026 were 58,937 mt in physical content, up 46% MoM and up 13% YoY. According to the latest data from the China Customs website, China’s total nickel matte imports in February 2026 were 65,355 mt in physical content, up 11% MoM and up 37% YoY.

According to the latest data from the China Customs website, China’s total nickel matte imports in January 2026 were 58,937 mt in physical content, up 46% MoM and 13% YoY. The increase in imports this month mainly came from Indonesia, Thailand, and other countries.

According to the latest data from the China Customs website, China’s total nickel matte imports in February 2026 were 65,355 mt in physical content, up 11% MoM and 37% YoY. The increase in imports this month mainly came from Indonesia and other countries.

[For more information, please subscribe to the SMM Nickel Research Group products, China Nickel-Chrome-Stainless Steel Industry Chain Regular Report and China Nickel-Chrome-Stainless Steel Industry Chain High-End Report, to accessthe latest data analysis and market insights on nickel ore, NPI (China + Indonesia), refined nickel, nickel sulphate, chrome ore,ferrochrome, and stainless steel (China + Indonesia)! For subscriptionsand trial access, please call 021-51666863. Contact: Fu Jian]

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

Steel Scrap Substitution Pressures NPI Prices, Weak Demand from Mills Limits Transactions

[SMM Nickel Flash] March 30 News: Supply side, the cost-effective substitution of steel scrap continued to exist, and upstream suppliers' quotations remained under pressure. Demand side, most steel mills had weak procurement sentiment, and intended purchase prices remained under pressure. Overall, actual market transactions were hard to find, and resistance to high-grade NPI prices was evident.

Common.Time.minsAgo

SMM Nickel Flash: March NPI Sentiment Factors Decline Month-on-Month

[SMM Nickel Flash] March 30 News: The SMM high-grade NPI market sentiment factor was 2.18, down 0.02 MoM; the upstream high-grade NPI sentiment factor was 2.83, down 0.01 MoM; and the downstream high-grade NPI sentiment factor was 1.54, down 0.02 MoM.

Common.Time.minsAgo

Common.Time.hoursAgo

[NPI Daily Review] Actual Market Transactions Were Hard to Find, and High-Grade NPI Prices Were Under Pressure

[SMM Daily Review: Actual Market Transactions Remained Scarce, High-Grade NPI Prices Were Under Pressure] March 30 News: SMM's upstream sentiment factor for high-grade NPI was 2.83, down 0.01 MoM, while the downstream sentiment factor for high-grade NPI was 1.54, down 0.02 MoM.

Common.Time.hoursAgo