Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Indonesia Cuts Base Export Prices of Nickel Ore, Why?

Indonesia Cuts Base Export Prices of Nickel Ore, Why?

Jun 5, 2017 14:36

Source:SMM

Indonesia’s Ministry of Trade said recently in Jakarta that the government will cut the base export prices of mineral products in June due to volatile prices in international market.

SHANGHAI, Jun. 5 (SMM) – Indonesia’s Ministry of Trade said recently in Jakarta that the government will cut the base export prices of mineral products in June due to volatile prices in international market.

The base export prices of 1.7% nickel ore will be cut by 6.83% or $13.35 per wmt.

Why Low-Grade NPI Market Reports Declines both in Price and Trading Volumes? SMM Reports

SMM attributes two factors behind its cut. First, the monthly nickel average price on the LME has been moving lower since the beginning of 2017, with May’s price off 4.94% from April’s. Second, mainstream nickel ore prices in China, key consumer of Indonesian nickel ore, drifted lower with demand weakening.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

nickel ore

Indonesian export ban

nickel ore inventory

For queries, please contact William Gu at williamgu@smm.cn

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

The nickel ore inventory at Chinese ports fell 169,000 wmt to 9.18 million wmt as of December 3.

Dec 3, 2021 17:58

Analysis

Nickel Ore Inventories at Chinese Ports Fell 169,000 wmt

Nickel Ore Inventories at Chinese Ports Surged 60,000 wmt

The nickel ore inventory at Chinese ports grew 60,000 wmt from a week earlier to 9.05 million wmt as of November 5. Total Ni content stood at 71,000 mt. Total inventory at the seven major ports stood at around 4.61 million wmt, a drop of 80,000 wmt from a week earlier.

Nov 5, 2021 16:25

Analysis

Nickel Ore Inventories at Chinese Ports Surged 60,000 wmt

Nickel ore inventories at Chinese ports fell 200,000 wmt to 7.88 million wmt

Nickel ore inventories across all Chinese ports declined 200,000 wmt from July 3 to 7.88 million wmt as of July 10, showed SMM data.

Jul 10, 2020 17:12

Analysis

Nickel ore inventories at Chinese ports fell 200,000 wmt to 7.88 million wmt

Short supplies of nickel concentrate in China to end by 2021

Supply shortages of nickel concentrate in China are likely to end by 2021, showed SMM data.

Mar 12, 2018 11:43

Analysis

Short supplies of nickel concentrate in China to end by 2021

Nickel Ore Inventory at Ports: Dropping 460,000 Wet Tonnes on Weekly Basis

As per SMM data, up to this Friday. Nickel ore inventory at all domestic ports reaches 10.17 million wet tonnes, saying 83,300 metallic tonnes.

Nov 17, 2017 15:50

SMM Insight

Nickel Ore Inventory at Ports: Dropping 460,000 Wet Tonnes on Weekly Basis

Indonesia to Export 5-6 Mln tonnes of Nickel Ore to China in 2017, SMM Foresees

In 2017, Indonesia is estimated to export 4.20-5 million tonnes of medium and high-grade nickel ore to China in 2017, based on export schedules and speed at local mines.

Oct 27, 2017 11:49

SMM Insight

Indonesia to Export 5-6 Mln tonnes of Nickel Ore to China in 2017, SMM Foresees

China Total Nickel Ore Inventories Exceed 9 Mln tonnes, SMM Reports

As of September 15, nickel ore inventories at seven major Chinese ports were 7.03 million wet tonnes, up 130,000 wet tonnes on a weekly basis, according to SMM data.

Sep 15, 2017 17:46

SMM Insight

China Total Nickel Ore Inventories Exceed 9 Mln tonnes, SMM Reports

One Nickel Ore Mine in Northwest China Closes on Environmental Factor

One nickel ore mine in Northwest China suspended operations in August due to environmental protection inspections, Shanghai Metals Market learns.

Sep 11, 2017 17:56

SMM Insight

One Nickel Ore Mine in Northwest China Closes on Environmental Factor

Nickel Ore Inventories at Port of Lianyungang Grow, SMM Reports

Nickel ore inventories at the Port of Lianyungang in Jiangsu grew on a weekly basis, Shanghai Metals Market learns.

Sep 8, 2017 11:39

SMM Insight

Nickel Ore Inventories at Port of Lianyungang Grow, SMM Reports

Philippine Lawmakers Seek to Ban Mining in Watershed Areas and Unprocessed Ore Export

News heard on Aug. 25 that Philippine lawmakers have filed a bill seeking to ban mining operations in watershed areas and unprocessed ore exports.

Aug 28, 2017 14:13

Industry

Philippine Lawmakers Seek to Ban Mining in Watershed Areas and Unprocessed Ore Export

SMM Events & Webinars

All

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 (10th) China International New Energy Industry Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

Indonesia Cuts Base Export Prices of Nickel Ore, Why?

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 (10th) China International New Energy Industry Expo