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] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)

