China’s Nickel Ore Imports Up 11.4% MoM, the Imports from The Philippine Up 13.4%

SHANGHAI, Sep 23 (SMM) – Customs data showed that China imported 5.78 million mt (wmt and dmt mixed) of nickel ore in August, up 11.4% month on month and 54.2% year on year.

The imports from the Philippines stood at 5.41 million mt, an increase of 13.4% on the month and 60% on the year, and that from New Caledonia stood at 146,500 mt, a slight decrease from the previous month. The import volumes from other countries were largely flat.

Some mining areas in the Philippines have entered the rainy season, and the shipments will remain high before the whole country ushers into the rainy season. However, the unloading efficiency is low at ports due to the pandemic inspection, so the shipments of nickel ore from the Philippines is expected to decline slightly in September.