Fewer arrivals from Indonesia drag on ferronickel imports in Mar

Published: Apr 26, 2019 13:48
Imports in March lost 44,626 mt from Feb and stood at 97,216 mt

SHANGHAI, Apr 26 (SMM) – China's ferronickel imports in March lost 44,626 mt from February, and stood at 97,216 mt, as arrivals from Indonesia slid, data by China Customs showed on Friday April 26.

Ferronickel imported from Indonesia posted 54,432 mt in March. This shrank 43,031 mt month on the month and accounted for 96% of the loss in imports last month.  

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
【SMM Flash News】Another Decrease of Indonesia's HMA Nickel in Second Period of June
1 hour ago
【SMM Flash News】Another Decrease of Indonesia's HMA Nickel in Second Period of June
Read More
【SMM Flash News】Another Decrease of Indonesia's HMA Nickel in Second Period of June
【SMM Flash News】Another Decrease of Indonesia's HMA Nickel in Second Period of June
The Indonesian Ministry of Energy and Mineral Resources (ESDM) has officially released the Nickel Mineral Reference Price (HMA) for the second half of June 2026. The HMA for the second half of June is as follows: the nickel price is $18,642.33 per ton (compared to the first half of June 2026, 18799.29 USD/ton), a decrease of 156.95 USD of 0.83%; the price of cobalt is 55,852.33 US dollars per ton; the HMA of iron ore is 1.58 USD/ton; and the HMA of chrome ore price is 6.37 USD/ton. • Ni 1.2%: USD 49.53/wmt (↓ $0.32) • Ni 1.3%: USD 54.25/wmt (↓ $0.36) • Ni 1.4%: USD 59.52/wmt (↓ $0.48) • Ni 1.5%: USD 64.73/wmt (↓ $0.52) • Ni 1.6%: USD 70.19/wmt (↓ $0.57)
1 hour ago
Costs of High-Grade NPI in China Drop as Philippine Ore Arrivals Increase, Profitability Gap Widens
18 hours ago
Costs of High-Grade NPI in China Drop as Philippine Ore Arrivals Increase, Profitability Gap Widens
Read More
Costs of High-Grade NPI in China Drop as Philippine Ore Arrivals Increase, Profitability Gap Widens
Costs of High-Grade NPI in China Drop as Philippine Ore Arrivals Increase, Profitability Gap Widens
[SMM Nickel Flash] This week, the cost trends of high-grade NPI in and outside China diverged once again, with the profitability gap continuing to widen. The cash cost of high-grade NPI in China extended its downward trend, primarily driven by increased arrivals of Philippine nickel ore and persistently weakening prices, directly reducing smelting’s core raw material costs, while overall production costs pulled back in tandem.
18 hours ago
Nickel-Iron Market Sees Uptrend, Futures Recovery Boosts Sentiment and Prices
18 hours ago
Nickel-Iron Market Sees Uptrend, Futures Recovery Boosts Sentiment and Prices
Read More
Nickel-Iron Market Sees Uptrend, Futures Recovery Boosts Sentiment and Prices
Nickel-Iron Market Sees Uptrend, Futures Recovery Boosts Sentiment and Prices
[SMM Nickel Express] This week, the nickel-iron market fluctuated upward overall. The futures market stabilized and recovered, driving market sentiment to continue improving. Downstream procurement demand was gradually released, and the price center rose continuously. The market exhibited a structural trend where medium- and low-grade transactions recovered, while high-grade materials saw bid prices but no actual deals.
18 hours ago
Fewer arrivals from Indonesia drag on ferronickel imports in Mar - Shanghai Metals Market (SMM)