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  • AM Statistics: Lateritic nickel ore stocks in China up by 350,000t Jan 6-10

    2014-04-23 10:36:11   [Print]
    BEIJING (Asian Metal) 13 Jan 14 - According to Asian Metal, the stocks of lateritic nickel ore in Chinese main ports (nine ports) were around 27,040,000t on January 10, 2014, up by 400,000t compared with those on January 3, 2013

    Indonesia government banned nickel ore export on January 12, 2014, so many purchasers stopped importing nickel ore from Indonesia. Chinese purchasers rebuilt large stocks in the past several months and there were still some ships returning to China this week. Furthermore, the import from the Philippines is still active. In this case, the stocks in Chinese market moved up further this week.

    The detail of stocks in each port is as follows:

    Unit: kt
     

    Port

    Stocks

    Weekly change

    Lianyungang Port

    5200

    +100

    Tianjin Port

    7990

    +50

    Rizhao Port

    2800

    -

    Lanshan Port

    2750

    +100

    Fangcheng Port

    600

    -

    Jingtang Port

    3200

    +100

    Zhanjiang Port

    250

    -

    Yingkou Port

    2300

    -

    Caofeidian Port

    1950

    -

    Total

    27040

    +350



     

    Nickel Ore Philippine 0.8%min CIF China
    Unit:USD/mt
    Nickel Ore Philippine 0.8%min CIF China USD/mt
    China refined nickel producers' operating rate statistics by province by month
    Unit: %
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