China Refined Nickel Output Falls in May MoM, SMM Reports

Published: Jun 9, 2017 09:39

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hina’s refined nickel output was about 12,500 tonnes in May, according to SMM data.

SHANGHAI, Jun. 9 (SMM) – China’s refined nickel output was about 12,500 tonnes in May, according to SMM data.

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In May, nickel production at Jinchuan Group was down by about 3 per cent on a monthly basis due to one day less in May’s fiscal month compared with April’s. Production at other smelters was low amid sluggish prices.

China Base Metal Output Data in May 2017, SMM Exclusive Data

SMM expects nickel production at major domestic smelters to hold largely stable in June, with output expected at 12,300-12,900 tonnes.

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nickel prices nickel ore prices NPI

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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