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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.

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

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

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

Philippines Nickel Ore (Ni1.8%) FOB 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,