China Posts Declines in Refined Nickel Output Jan.-Jun. 2017, SMM Reports-Shanghai Metals Market

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China Posts Declines in Refined Nickel Output Jan.-Jun. 2017, SMM Reports

SMM Insight 04:00:58PM Jul 07, 2017 Source:SMM

SHANGHAI, Jul. 7 (SMM) – China’s refined nickel output fell during the first half of 2017, according to SMM data. 

SMM survey of major domestic nickel smelters shows that refined nickel output was 11,980 tonnes in June, largely flat with May’s level, and China’s national output was about 12,558 tonnes based on the data.

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

Output from January to June was 75,933 tonnes, down 14 per cent on a yearly basis. 

In June, output at one large nickel smelter in northwest China was up slightly to 10,300 tonnes, and the growth was due mainly to more working days. Another producer in south China cut production due to loss-making, and production was for long-term buyers only. 

LME Nickel to Fall below $9,000/t after Latest Philippine News, SMM Foresees

In July, output will hold largely stable on a monthly basis, and may fall slightly with working days falling, and China’s national output of refined nickel is estimated at around 12,200 tonnes in July. 

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

China Posts Declines in Refined Nickel Output Jan.-Jun. 2017, SMM Reports

SMM Insight 04:00:58PM Jul 07, 2017 Source:SMM

SHANGHAI, Jul. 7 (SMM) – China’s refined nickel output fell during the first half of 2017, according to SMM data. 

SMM survey of major domestic nickel smelters shows that refined nickel output was 11,980 tonnes in June, largely flat with May’s level, and China’s national output was about 12,558 tonnes based on the data.

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

Output from January to June was 75,933 tonnes, down 14 per cent on a yearly basis. 

In June, output at one large nickel smelter in northwest China was up slightly to 10,300 tonnes, and the growth was due mainly to more working days. Another producer in south China cut production due to loss-making, and production was for long-term buyers only. 

LME Nickel to Fall below $9,000/t after Latest Philippine News, SMM Foresees

In July, output will hold largely stable on a monthly basis, and may fall slightly with working days falling, and China’s national output of refined nickel is estimated at around 12,200 tonnes in July. 

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