SHANGHAI, Dec 21 (SMM) – China imported 4.01 million mt of nickel ore and its concentrate in November, a decrease of 10% from the previous month and a year-on-year increase of 12%, According to General Administration of Customs.
Imports from the Philippines, which remained the largest supplier, stood at 3.34 million mt, down 17% month on month but up 12% year on year.
China’s copper NPI imports stood at 290,000 mt in November, down 3% month on month and 25% year on year.
Indonesia is still the largest supplier. The imports from Indonesia stood at 321,000 mt, a decrease of 7.3% from the previous month and a year-on-year drop of 26%.
![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)
