Shanghai Nonferrous Metals News

China imported 2.2 mln t of nickel laterite in December 2018, down 31.2% on-month and down 12.8% on-year. Of the total, imports from the Philippines dropped by 53.4% on-month to 876 kt and Indonesia imports lifted by 2.2% on-month to 1.23 mln t.

Looking forward to January 2019, China’s laterite imports are likely to grow moderately due to increased imports from Indonesia. Several Indonesian mines will resume operations in January, including Jinchuan WP, Sambas, Mornopo and Pakal of Antam. SR Languyan at Tawi-Tawi Philippines resumed exports in mid-January, with a total export volume remaining at the same level as December 2018.

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