How Many Nickel Ore to Go to China from Indonesia before Quota Decision? SMM Reports

Published: Mar 28, 2017 13:55

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Indonesia’s ore export quota has been closely watched after its new export policy decision. So far, Indonesia has not announced its nickel ore export quota for 2017.

SHANGHAI, Mar. 28 (SMM) – Indonesia’s ore export quota has been closely watched after its new export policy decision. So far, Indonesia has not announced its nickel ore export quota for 2017.

But, China Customs data showed that Indonesian nickel ore had begun flowing into China via other channels.

SMM Revises Down 2017 Nickel Ore Exports from Indonesia

According to China Customs, China imported a total of 300,000 tonnes of nickel ore from Indonesia during the first two months of 2017.

How many nickel ores are expected to go to China before the quota decision?

China Nickel Ore Imports Grow in February on Supply of Indonesian Ore, SMM Reports

"Indonesian nickel ore are estimated to keep flowing into China before the quota decision, and the monthly supplying volumes from the country to China will reach around 100,000 tonnes after learning from local nickel ore firms," SMM says.

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nickel prices nickel ore prices china nickel ore inventories

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.

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