Nickel Ore Shipments From The Philippines Rose In April, Shipments To Grow Further In May

Published: May 16, 2023 13:29

Source: SMM

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SHANGHAI, May 16 (SMM) -In April, 2.67 million wmt of nickel ore arrived at Chinese ports, up 42.36% MoM, while 2.36 million wmt of nickel ore departed from the Philippines, also up 52.3% MoM.

SHANGHAI, May 16 (SMM) -In April, 2.67 million wmt of nickel ore arrived at Chinese ports, up 42.36% MoM, while 2.36 million wmt of nickel ore departed from the Philippines, also up 52.3% MoM. The impact of the monsoon season in the Philippines subsided in April, allowing the mining activities to gradually recover. At the same time, the domestic demand gradually picked up, boosting port arrivals.

It is expected that nickel ore shipments will gradually increase in May.

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