The latest report published by the World Metal Statistics Bureau (WBMS) shows that in September 2024, the global refined nickel production was 287,896 tons, the consumption was 285,062 tons, and the supply surplus was 2,834 tons.

LME Nickel Inventories Reach Over Three-Year High

In September, New Caledonia exported 59,400 wet tons of nickel ore to China

In September 2024, China's nickel ore imports decreased by 23.46% year-on-year, and ferronickel imports increased by 41.2% month-on-month

WBMS: Global refined nickel production was 279,400 tons in August 2024

In August, China's nickel ore imports increased by 41.5% month-on-month and ferronickel imports decreased by 42.6% year-on-year

WBMS: Global refined nickel supply is short by 6,800 tons in July 2024

In July 2024, Indonesia's nickel ore imports increased by 71.16% month-on-month