Data from the General Administration of Customs shows that China's imports of NPI in March were 430,056 mt, up 32.5% on the month and 28.8% on the year. Indonesia is the largest supplier, with imports amounting to 386,730 mt in March, up 35.9% MoM and 39.5% YoY.

![[SMM Analysis]: Slower-than-Expected Progress in RKAB Approvals, Coupled with Disruptions from the Rainy Season in the Philippines and Indonesia, Drove Stronger Premiums Amid Regional Supply Uncertainty](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)
![[SMM Analysis] Weak End-User Demand but Firm Costs, High-Grade NPI Prices Rose Steadily](https://imgqn.smm.cn/usercenter/GmHLU20251217171733.jpg)
