China's ferronickel imports nudge up in Jun 

Published: Jul 23, 2019 15:24
Ferronickel imported from Indonesia came in at 79,400 mt in Jun, down 5.29%, or 4,400 mt from May

SHANGHAI, Jul 23 (SMM) – China's ferronickel imports in June climbed 0.27%, or 300 mt on the month to stand at 121,200 mt, or 22,664 mt in nickel content, with lower arrivals from Indonesia, showed data from China Customs on Tuesday July 23. 

Ferronickel imported from Indonesia came in at 79,400 mt in June, down 5.29%, or 4,400 mt from May. On a yearly basis, however, imports of Indonesian ferronickel stood 170.94%, or 50,100 mt higher in June. 

Compared with June 2018, domestic ferronickel imports climbed 104.14%, or 61,800 mt last month. 

China’s imports of ferronickel in May shrank 16.94% on the month but grew 51.47% on the year to stand at 120,900 mt. 

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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