[SMM data] the impact of the epidemic caused by the 105.5% month-on-month increase in imports of nickel mines in China in June has been basically eliminated.

SMM, July 26th:

Customs data show that China's nickel mine imports totaled 3.4546 million tons in June, up 1.7739 million tons from May, up 105.5% from a month earlier and down 17.1% from a year earlier.

Among them, imports from the Philippines were 3.0748 million tons, up 129% from the previous month and 3.54% lower than the same period last year. The impact of Philippine exports caused by the epidemic has been basically eliminated, and imports may return to normal shipping levels in July. In addition, the nickel ore volume from Xinka rebounded to 246000 tons, an increase of 2011.7% over the previous month. Due to the influence of the weather, the shipments were relatively low in the early period of Xinka, and now it has gradually returned to the normal level, with a cumulative import volume of 833600 tons in the first half of the year. There are still some low-grade nickel mines in Indonesia's bonded areas. In June, the customs showed that the data was 107000 tons, a decrease of 31.6% from the previous month, and all of them were low-grade. SMM expects Philippine exports of nickel mines to gradually return to normal levels in July.

(note: the customs data do not distinguish between dry and wet tons. For specific imports, please refer to the figure below)

For more information, please subscribe to SMM Nickel Research Group products "China Ni-Cr stainless Steel Industry chain routine report" and "China Ni-Cr stainless Steel Industry chain High-end report" to get the latest data analysis and market analysis of nickel ore, nickel pig iron (China + Indonesia), electrolytic nickel, nickel sulfate, chromium ore, ferrochrome and stainless steel (China + Indonesia). For order and trial, please call 021-5166 6775 QQ: 1553928752, contact: Zhang Lingying]

(Shanghai Colored Network Zhang Lingying TEL:021-5166 6775 QQ: 1553928752)

Click to register: "2020 (Fifth) China International Nickel, Cobalt and Lithium Summit Forum"

To sign up for the Nickel-Cobalt-Lithium Summit or apply to join the SMM New Energy vehicle / Cobalt-Lithium Industry Exchange Group, please scan the QR code below: