AM Statistics: Lateritic nickel ore stocks in China down by 100,000t Feb 24-28
2014-04-23 10:36:21 [Print]
BEIJING (Asian Metal) 3 Mar 14 - According to Asian Metal, the stocks of lateritic nickel ore in Chinese main ports (nine ports) were around 26,140,000t on February 28, 2014, down by 100,000t compared with those last Friday.
The import volume kept at a low level as Indonesia government banned nickel ore export and the supply from the Philippines kept tight due to the rainy season. Furthermore, because of the increasing nickel ore price in the Philippines, many traders suspend the nickel ore business. In this case, the stocks in Chinese market moved down further this week.
The detail of stocks in each port is as follows:
Unit: kt
The import volume kept at a low level as Indonesia government banned nickel ore export and the supply from the Philippines kept tight due to the rainy season. Furthermore, because of the increasing nickel ore price in the Philippines, many traders suspend the nickel ore business. In this case, the stocks in Chinese market moved down further this week.
The detail of stocks in each port is as follows:
Unit: kt
Port |
Stocks |
Weekly change |
Lianyungang Port |
5550 |
+50 |
Tianjin Port |
7440 |
-100 |
Rizhao Port |
2550 |
-50 |
Lanshan Port |
2700 |
- |
Fangcheng Port |
600 |
- |
Jingtang Port |
3200 |
- |
Zhanjiang Port |
250 |
- |
Yingkou Port |
2000 |
- |
Caofeidian Port |
1850 |
- |
Total |
26140 |
-100 |
Nickel Ore Philippine 0.8%min CIF China
Unit:USD/mt
China refined nickel producers' operating rate statistics by province by month
Unit: %
