China FeNi, NPI imports jumped 66%YoY in February

Published: Mar 24, 2020 13:15

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China imported 235,900 mt of ferronickel and NPI in February, up 66% year on year but down 4% month on month, according to SMM calculations based on China customs data. Those imports contain about 37,000 mt of nickel, with NPI accounting for 72%.

SHANGHAI, Mar 24 (SMM) – China imported 235,900 mt of ferronickel and NPI in February, up 66% year on year but down 4% month on month, according to SMM calculations based on China customs data.

Those imports contain about 37,000 mt of nickel, with NPI accounting for 72%.

In the first two months of 2020, China’s FeNi and NPI imports rose 63% from the same period last year.

Source: SMM

China’s ferronickel and NPI imports in January

Source: SMM

Indonesia remained the biggest ferronickel and NPI exporter to China, as its production ramped up. New Caledonia and Myanmar took the second and third places.

Customs data Nickel NPI Ferronickel

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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