Pesimisme Merajalela di Pasar Nikel Agustus, Minat Beli Pabrik Baja Lemah

In H1 2026, China's sulphur market experienced a full transmission chain of "import crash—production under pressure—export stagnation," with key data as follows: Imports: Natural sulphur imports fell from 497,200 mt in January to 147,000 mt in June, and on a combined basis of natural sulphur and refined sulphur, they were down approximately 57.7% YoY, with the share of Middle Eastern sources dropping from nearly 40% to 5%; Production: From January to May, national sulphuric acid production fell 1.6% YoY, with significant declines in Hubei, Guizhou, Yunnan and other traditional phosphate fertiliser production areas, while Anhui and other areas with concentrated smelting acid production grew against the trend; Exports: Sulphuric acid exports nearly fell to zero in June, with approximately 100,000-150,000 mt of export resources per month flowing back to the domestic market; Prices: Sulphur prices soared from 4,180 yuan/mt at the start of the year to a peak of 10,353.5 yuan/mt in June, while the copper smelting acid index rose by about 92% from the beginning of the year.

[Kilasan Nikel SMM] Per 23 Juli, faktor sentimen pasar NPI kadar tinggi SMM sebesar 2,03, datar MoM; faktor sentimen hulu NPI kadar tinggi sebesar 2,09, datar MoM; dan faktor sentimen hilir NPI kadar tinggi sebesar 1,96, datar MoM. Hari ini, kebuntuan di pasar spot NPI kadar tinggi terus berlanjut, dengan ekspektasi harga hulu dan hilir yang tetap tidak selaras, serta transaksi spot tetap lesu.

EcoPro mengumumkan pada 23 Juli bahwa mereka mengadakan upacara serah terima autoklaf pada 22 Juli di lokasi pembangunan smelter BNSI di Sulawesi, Indonesia. Smelter BNSI, dengan kapasitas tahunan 90.000 ton, akan dilengkapi tiga autoklaf, masing-masing berkapasitas 30.000 ton. Dua autoklaf telah dikirim, sementara satu lagi dijadwalkan tiba pada bulan September. Nikel yang diproduksi di lokasi tersebut akan diklasifikasikan sebagai bahan baku Non-FEOC yang dapat mematuhi regulasi Foreign Entity of Concern (FEOC). Melanjutkan proyek IMIP yang sudah ada, EcoPro akan mengamankan hak offtake nikel sebesar total 65.000 ton melalui investasi ini.