FLASH: China refined nickel exports surge 222% in Mar
China refined nickel exports recorded 7,496.475 tonnes in March, a monthly increase of 221.96% and up 225.26% from last year, according to the General Administration of Customs of the People's Republic of China (GACC). Source: GACC The exports mostly flowed to South Korea, where located a LME wa
Apr 23, 2024 15:36
China refined nickel imports and exports both down rapidly in Feb
China's refined nickel imports reported a monthly fall of 11.16% and an annual drop of 13.68% at 5,765.45 tonnes in February, according to the General Administration of Customs of the People's Republic of China (GACC). Source: GACC The monthly drop was primarily contributed by falling imports of
Mar 22, 2024 14:55
China refined nickel production down 3.5% in Nov
China's refined nickel production was 22,545 tonnes in November, down 3.47% from October, but rising 48.98% from last year, per Mysteel survey of 15 sample smelters. Source: Mysteel The production totaled 220,667 tonnes over January-November, up 37.38% year on year. China's refined nickel oper
Dec 06, 2023 11:21
China refined nickel imports up 16% in Oct, while exports fall
China's refined nickel imports recorded 6,441.889 tonnes in October, an increase of 16.22% month on month (MoM) but down 46.1% year on year (YoY), per the General Administration of Customs of the People's Republic of China (GACC). The imports totaled 76,132.126 tonnes over January-October, down 40.3
Nov 22, 2023 09:56
China's July refined nickel production growth slows down
China's refined nickel production stood at 21,641 tonnes in July, up slightly by 1.22% from June, and gaining 32.06% year on year (YoY), according to Mysteel survey of 12 sample smelters. The production totaled 128,746 t in the first seven months, an increase of 30.44% from last year. The operatin
Aug 04, 2023 10:41
Nickel prices spike 9.83% since entering H2 2023
The most-traded SHFE 2308 nickel contract closed July 26 with a daily gain of 1.15% at Yuan 172,990/tonne and hit the intraday high at Yuan 174,000/t, close to the near-term high. As of July 26, the contract has achieved a combined growth of 9.83% since entering the second half of
Jul 27, 2023 10:45
Nickel prices weak in the long run
SHFE 2308 nickel contract outperformed on July 6 and hit an intraday high of Yuan 167,080/tonne with an increase of over 5%, and closed the day at Yuan 165,760/t, up 4.78%. LME 3M nickel also posted a gain 0.54% at $21,305/t. Nickel prices have been surprisingly strong against the pessimism
Jul 07, 2023 15:49
SHFE nickel price firm against weak fundamentals, is it sustainable?
SHFE nickel price has been resilient recently. The most-traded SHEF nickel 2306 contract once hit Yuan 170,000/tonne against the weak fundamentals. There have been clues to follow. SHFE nickel warrants have lately refreshed its historically low, and stood at merely 159 t as of May 29, which serio
Jun 01, 2023 09:23
Survey: China refined nickel production by region 2023-03
China's monthly refined nickel production by region. Survey month: 2023-03 Unit: tonne
Apr 13, 2023 16:30
Survey: China refined nickel production by region 2023-02
China's monthly refined nickel production by region. Survey month: 2023-02 Unit: tonne
Mar 28, 2023 17:03
Nickel EXW prices: Jinchuan Group
Refined nickel premiums and discounts: Shanghai
Nickel prices: Shanghai