China hydrometallurgical intermediates import analysis

Published: May 24, 2024 22:58
According to customs data, China imported 129,000 mt of nickel hydrometallurgy intermediate products in March, or 24,600 mt in nickel content (up 154% MoM and flat YoY).

China hydrometallurgical intermediates import analysis

According to customs data, China imported 129,000 mt of nickel hydrometallurgy intermediate products in March, or 24,600 mt in nickel content (up 154% MoM and flat YoY). The resumption of imports from Papua New Guinea, Indonesia, Australia, New Caledonia and Finland contributed to the increase. In February, the customs clearance volume dropped significantly due to the Spring Festival holiday, but it returned to normal levels in March.

China imported 30,900 mt of nickel matte in March, or 18,900 mt in nickel content (up 92% MoM and 69% YoY). The increase was mainly attributed to Indonesia. In March, The output of high-grade nickel matte in Sulawesi increased significantly compared with February.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Data: SHFE, DCE market movement (Apr 07)
21 hours ago
Data: SHFE, DCE market movement (Apr 07)
Read More
Data: SHFE, DCE market movement (Apr 07)
Data: SHFE, DCE market movement (Apr 07)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 07 Apr , 2026
21 hours ago
[SMM Nickel Intermediate Product Daily Review] April 7: MHP and High-Grade Nickel Matte Nickel Prices Declined
Apr 7, 2026 11:57
[SMM Nickel Intermediate Product Daily Review] April 7: MHP and High-Grade Nickel Matte Nickel Prices Declined
Read More
[SMM Nickel Intermediate Product Daily Review] April 7: MHP and High-Grade Nickel Matte Nickel Prices Declined
[SMM Nickel Intermediate Product Daily Review] April 7: MHP and High-Grade Nickel Matte Nickel Prices Declined
As of now, the FOB price of Indonesian MHP nickel was $15,341/mt Ni, and the FOB price of Indonesian MHP cobalt was $51,425/mt Co. MHP payables (against SMM battery-grade nickel sulphate index) stood at 86-87, and the MHP cobalt element payable indicator (against SMM refined cobalt (Rotterdam warehouse)) was 94. The FOB price of Indonesian high-grade nickel matte was $15,623/mt Ni.
Apr 7, 2026 11:57
[SMM Stainless Steel Flash] Guangdong Nachuan Granted EIA Approval for 150k-Unit Stainless Project
Apr 7, 2026 11:51
[SMM Stainless Steel Flash] Guangdong Nachuan Granted EIA Approval for 150k-Unit Stainless Project
Read More
[SMM Stainless Steel Flash] Guangdong Nachuan Granted EIA Approval for 150k-Unit Stainless Project
[SMM Stainless Steel Flash] Guangdong Nachuan Granted EIA Approval for 150k-Unit Stainless Project
The Environmental Impact Assessment (EIA) for Guangdong Nachuan New Materials Co., Ltd.'s relocation project was officially approved. The facility is designed for an annual output of 150,000 wear-resistant stainless steel parts, alongside 25,000 cast iron units and 26,000 alloy steel units. This approval paves the way for the company to scale up its high-performance material production, strengthening its supply capacity for industrial wear-resistant components.
Apr 7, 2026 11:51
China hydrometallurgical intermediates import analysis - Shanghai Metals Market (SMM)