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According to the latest data from China Customs, China's nickel sulphate imports totaled 3,976 mt (metal content) in November 2024, up 75% MoM but down 4% YoY. Nickel sulphate exports stood at 63 mt (metal content), down 87% MoM and 82% YoY. In October 2024, China's net imports of nickel sulphate were 3,914 mt (metal content), up 121% MoM and 3% YoY. This month's export decline was mainly attributed to countries like Japan and New Caledonia, while the import increase was primarily driven by Indonesia, Australia, and Finland. The net import volume of nickel salts increased this month, aligning with expectations from the previous month.
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