SMM7, March 3:
According to customs data, in May 2020, China's total export of nickel sulfate was 92 tons, an increase of 10 tons from the previous month, an increase of 12% from the previous month, and an increase of 60% over the same period last year. The total import volume was 164 tons, a decrease of 204 tons from the previous month, or 56% from the previous month. Net imports were 71 tons, down 75% from the previous month and 73% from the same period last year. According to the investigation of SMM, the import and export of nickel sulfate may contain some crude nickel sulfate, and the volume of import and export of nickel sulfate is small, which has little impact on the supply and demand of Chinese nickel sulfate market.
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