China Nickel Ore Imports Rise Fractionally MoM in Jul, the Lowest in Five Years

SHANGHAI, Aug 22 - According to the online platform of General Administration of Customs, China nickel ore imports stood at 4.37 million mt in July, rising MoM for two months in a row, but was the lowest in the same period in the past few years.

Among them, the imports from the Philippines rose 8.46% MoM, but fell nearly 20% YoY; the imports from Indonesia and New Caledonia fell. The imports posted limited gains amid poor demand in China when the market was lacklustre.