2020 China Stainless Steel Forum: China’s nickel ore imports from the Philippines to drop 20.4% in 2020_SMM

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Home / Metal News / Nickel / 2020 China Stainless Steel Forum: China’s nickel ore imports from the Philippines to drop 20.4% in 2020

2020 China Stainless Steel Forum: China’s nickel ore imports from the Philippines to drop 20.4% in 2020

Jul 20,2020 14:17

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Source:SMM

China’s laterite nickel ore imports from the Philippines are expected to drop 20.4% to 35 million wmt in 2020 from 2019, as deliveries have been hit hard by the COVID-19 pandemic early in the year, said Lingying Zhang, senior nickel analyst at SMM.

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2020 China Stainless Steel Forum

Nickel

Nickel or

NPI

Ferronickel

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Inventories of refined nickel in the Shanghai bonded areas remained unchanged from a week ago and stood at 16,600 mt as of February 5, showed SMM data.

Feb 5, 2021 15:03 timezone

CST

Data Analysis

Shanghai bonded refined nickel stocks remained unchanged on week

SMM Evening Comments (Feb 2): Shanghai nonferrous metals fell across the board, tin dropped 1.85%

SHFE nonferrous metals broadly fell on Tuesday February 2 following an overnight jump on Wall Street.

Feb 2, 2021 18:00 timezone

CST

SMM Comments

SMM Evening Comments (Feb 2): Shanghai nonferrous metals fell across the board, tin dropped 1.85%

SMM Evening Comments (Jan 28): Nonferrous metals on the SHFE fell across the board as dollar extended gains

SHFE nonferrous metals all closed lower on Thursday January 28. Copper shed 1.8%, aluminium edged down 0.4%, zinc weakened 1.76%, lead slid 0.93%, nickel pulled back 2% and tin declined 0.48%.

Jan 28, 2021 18:48 timezone

CST

SMM Comments

SMM Evening Comments (Jan 28): Nonferrous metals on the SHFE fell across the board as dollar extended gains

SMM Evening Comments (Jan 26): Shanghai nonferrous metals fell for the most part, zinc declined 1.5%

SHFE nonferrous metals weakened broadly on Tuesday January 26. Copper slid 0.61%, aluminium shed 0.77%, zinc declined 1.5% and nickel pulled back 0.62%, while lead added 0.23% and tin rose 1.99%.

Jan 26, 2021 19:05 timezone

CST

SMM Comments

SMM Evening Comments (Jan 26): Shanghai nonferrous metals fell for the most part, zinc declined 1.5%

Imports of nickel ore and ferronickel declined significantly in December 2020

According to customs data, in December 2020, China's nickel ore imports totalled 3.17 million mt (wmt and dmt mixed), a decrease of 11.2% month on month and 26.6% year on year.

Jan 26, 2021 10:32 timezone

CST

Data Analysis

Imports of nickel ore and ferronickel declined significantly in December 2020

Shanghai bonded refined nickel stocks fell 2,600 mt on week

Inventories of refined nickel in the Shanghai bonded areas decreased 2,600 mt from a week ago and stood at 18,600 mt as of January 22, showed SMM data.

Jan 22, 2021 16:55 timezone

CST

Data Analysis

Shanghai bonded refined nickel stocks fell 2,600 mt on week

SMM Morning Comments (Jan 20): Shanghai base metals were mostly higher as investors focused on China’s benchmark lending rate

Shanghai base metals were mostly higher on Wednesday morning as investors waited for the release of China's latest benchmark lending rate. Meanwhile, their counterparts on the LME also rose for the most part.

Jan 20, 2021 10:00 timezone

CST

SMM Comments

SMM Morning Comments (Jan 20): Shanghai base metals were mostly higher as investors focused on China’s benchmark lending rate

SMM Evening Comments (Jan 15): Nonferrous metals on the SHFE closed mostly higher, Nickel gained 1.19%

SHFE nonferrous metals increased broadly on Friday January 15. Aluminium added 0.92%, lead advanced 0.4%, nickel firmed 1.19% and tin rose 0.35%, while copper edged down 0.09% and zinc shed 1.67%.

Jan 15, 2021 18:14 timezone

CST

SMM Comments

SMM Evening Comments (Jan 15): Nonferrous metals on the SHFE closed mostly higher, Nickel gained 1.19%

SMM Morning Comments (Jan 12): Shanghai base metals fell across the board as Wall Street retreated from all-time highs

Nonferrous metals on both SHFE and LME declined across the board on Tuesday morning after shares on Wall Street pulled back overnight from all-time highs.

Jan 12, 2021 10:00 timezone

CST

SMM Comments

SMM Morning Comments (Jan 12): Shanghai base metals fell across the board as Wall Street retreated from all-time highs

Shanghai bonded refined nickel stocks fell 200 mt on week

Inventories of refined nickel in the Shanghai bonded areas decreased 200 mt from a week ago and stood at 22,800 mt as of January 8, showed SMM data.

Jan 8, 2021 17:30 timezone

CST

Data Analysis

Shanghai bonded refined nickel stocks fell 200 mt on week

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