SHANGHAI, Mar 26 (SMM) – China imported 141,842 mt of ferronickel in February, down about 8%, or 12,253 mt from January, showed the latest data from China Customs.
Materials that originated from Indonesia accounted for 100,405 mt, down 10,038 mt month on month. This accounted for 82% of the overall decline in February.

![[SMM Analysis] Nickel Ore Supply and Demand Watch: Philippine Ore Prices Face Downward Pressure, While Dual Tightening in Indonesian Policies and Approvals Pushes Up Local Ore Prices](https://imgqn.smm.cn/usercenter/yaAtG20251217171733.jpg)

