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Indonesian nickel export to China drops 33% in November
There are 12 Indonesian nickel export vessels to China in November. Ten of them are high-grade nickel ore and 2 of them are low-grade nickel ore, as per SMM research.
SHANGHAI, Dec.8 (SMM)－There are 12 Indonesian nickel export vessels to China in November. Ten of them are high-grade nickel ore and 2 of them are low-grade nickel ore, as per SMM research.
The total export amount in November is 660,000 we tons, dropping 33% on monthly basis, which is translated to 6,310 tons in metal content. The major reason is that domestic plants are reluctant to purchase at high prices.
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