Nickel ore inventories at Chinese ports climb to 13.79 million wmt

The Indonesian Nickel Miners Association (APNI) and the Philippine Nickel Industry Association (PNIA) have officially signed a Memorandum of Understanding (MOU) to establish the "IndoPhil Nickel Corridor," a strategic platform between the world's two largest nickel producers. Signed in Manila on February 12, 2026, the agreement focuses on five key pillars: data and policy governance, industry dialogue, cross-country learning, ESG-based capacity building, and adaptive cooperation mechanisms. This collaboration aims to strengthen the regional nickel supply chain from upstream to downstream while aligning with ASEAN’s sustainable mineral development principles to support the global green energy transition.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 03 Mar , 2026