China's nickel metal imports fall

摘要

China's nickel metal and alloy imports fell 7% year-on-year to 12,164 mt, but nickel ore imports more than doubled y-o-y to 3.37 million mt in February, according to the latest Chinese customs data. Analysts were expecting February nickel metal imports to remain very weak due to higher Chinese domestic nickel prices relative to global nickel prices - similar to the situation in January when imports were at 12,776 mt.