Latest news on China Nickel Ore markets

FLASH: Indonesia's RKAB approval is said to have accelerated

According to market sources, a total of 107 nickel mines were said to have passed the RKAB approval, with a combined approved mining quota of around 150 million wmt. The quotas approved are expected to reach 200 million wmt by end March or early April based on the current progress.

Indonesia's RKAB disruption supports China's nickel price

China's NPI prices have been on the rise since December 2023 fueled by the persistent RKAB approval disruption, and the latest market quotations have reached Yuan 960/mtu, though there have not been transactions at such a price level.   Source: Mysteel   As of the time of this writing, around 23 nic

Nickel supply worries re-emerge on delayed RKAB approval

The nickel prices have gained strong support recently with the nickel ore supply concerns spreading again over the market triggered by the delayed RKAB approval in Indonesia.

Survey: Nickel ore inventory at Chinese port 2023.10.20

Mysteel weekly survey of Nickel inventory at 14 Chinese ports. Date: 2023.10.20   Inventory by port (Unit: '000 wmt)   Inventory by product origin (Unit: '000 wmt)   Inventory by product grade (Unit: '000 wmt)

Survey: Nickel ore inventory at Chinese port 2023.10.14

Mysteel weekly survey of Nickel inventory at 14 Chinese ports. Date: 2023.10.15  Last week: 2023.09.29   Inventory by port (Unit: '000 wmt)   Inventory by product origin (Unit: '000 wmt)   Inventory by product grade (Unit: '000 wmt)

Geely intends to build EV factory in Indonesia

On September 14, Luhut, Indonesian Coordinating Minister for Maritime Affairs and Investment, said that the Indonesian government hopes to attract Geely Automobile to build an electric vehicle factory in the country. Luhut disclosed that the Indonesian government has offered to supply Geely with nic

Survey: Nickel ore inventory at Chinese port 2023.9.03

Mysteel weekly survey of Nickel inventory at 14 Chinese ports. Date: 2023.9.03   Inventory by port (Unit: '000 wmt)   Inventory by product origin (Unit: '000 wmt)   Inventory by product grade (Unit: '000 wmt)

Survey: Nickel ore inventory at Chinese port 2023.8.27

Mysteel weekly survey of Nickel inventory at 14 Chinese ports. Date: 2023.8.27   Inventory by port (Unit: '000 wmt)   Inventory by product origin (Unit: '000 wmt)   Inventory by product grade (Unit: '000 wmt)

Survey: Nickel ore inventory at Chinese port 2023.8.20

Mysteel weekly survey of Nickel inventory at 14 Chinese ports. Date: 2023.8.20   Inventory by port (Unit: '000 wmt)   Inventory by product origin (Unit: '000 wmt)   Inventory by product grade (Unit: '000 wmt)

Survey: Nickel ore inventory at Chinese port 2023.8.13

Mysteel weekly survey of Nickel inventory at 14 Chinese ports. Date: 2023.8.13   Inventory by port (Unit: '000 wmt)   Inventory by product origin (Unit: '000 wmt)   Inventory by product grade (Unit: '000 wmt)