According to Customs Statistic of China, the nickel ore import in Mar 2015 was 1,732,806 tons, up by 82.6% M-O-M, and down by 29.3% Y-O-Y. The material was mainly imported from Philippines with import volume at 1,701,087 tons.

Low Grade Nickel Ore Spot Price of China from Apr.2014 to Apr.2015

Philippines Nickel Ore (Ni1.8%) FOB Price in China from Apr.2014 to Apr.2015

Philippines Low Grade Nickel Ore FOB Price from Apr.2014 to Apr.2015

Nickel Ore(Ni1.8%)Spot Price in China from Apr.2014 to Apr.2015

According to the statistics, in Feb., total nickel ores imports of China was 949thousand tons, down by 17.7% month on month and 73.6% year on year, recording the lowest level since May of 2009,

Philippines played a import role in global nickel ores trading. In 2013, global nickel ores exports reached 117.43million tons, of which Philippines’ Ni ores amounted to 46.21million tons, accounting for 39% of the total, closely followed by Indonesia.

This week the medium and high grade nickel ores spot prices declined by RMB10/wmt as Nickel ore with Ni 1.6% at RMB620-640/wet mt, Ni1.7% at RMB680-710/wet mt,