Monthly Nickel Market Report Jan 2025
2025-02-19 11:32:57 【Print】
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Content
1. Market Highlights 3
2. Economy and Policy 3
2.1 Indonesia reviews nickel ore mining quota to steady prices 3
2.2 Indonesia sets 2025 nickel ore mining quota at around 200 million tonnes 3
3. Market Movement 3
3.1 Chinese Market Movements 3
3.1.1 Chinese nickel cathode 99.96%min EXW China 3
3.1.2 Norilsk nickel cathode 99.96%min in port China 3
3.1.3 Nickel sulfate Ni 22%min, Co 0.4%max delivered China 3
3.1.4 Nickel sulfate Ni 22%min, Co 0.05%max EXW China 4
3.1.5 Ferronickel 10%min EXW China 4
3.2 International Market Movements 4
3.2.1 Philippine lateritic nickel ore 1.3%min CIF China 4
4. Company News 5
4.1 Century Tsingshan Nickel maintains ferronickel production lines 5
4.2 Grand Green to suspend nickel sulfate production 5
4.3 Jutai New Material to maintain nickel sulfate production equipment 5
4.4 Greatpower Technology resumes nickel sulfate production 5
4.5 Chancsun Umicore Industry halts nickel sulfate production 5
4.6 Grand Green Technology to reduce nickel sulfate production 5
4.7 Ramu New Energy reduces nickel sulfate output 5
5. Producers Statistics 5
5.1 Chinese refined nickel producers' operating rate records 73.55% in January 5
5.2 Chinese refined nickel producers' production down by about 0.58% MoM in January 5
5.3 Chinese refined nickel producers' stocks up by about 46.75% MoM in January 5
5.4 Chinese nickel sulfate producers' operating rate posts 44.25% in January 6
5.5 Chinese nickel sulfate producers' output down by about 6.59% MoM in January 6
5.6 Chinese nickel sulfate producers' inventory down by about 9.24% MoM in January 6
5.7 Chinese ferronickel producers' operating rate reports 43.83% in January 7
5.8 Chinese ferronickel producers' output down by about 4.33% MoM in January 7
5.9 Chinese ferronickel producers' stocks up by 3.57% MoM in late January 7
6. Import and Export Statistics 8
6.1 China's ferro-nickel import volume up by 21.66% YoY in Dec 2024 8
6.2 China's refined nickel (Co＞0.005%) import volume increased 185.26% YoY in Dec 2024 9
6.3 China's nickel sulfate import volume rose 99.15% YoY in Dec 2024 10
6.4 China's refined nickel (Co＞0.005%) export volume rose 100.72% YoY in Dec 2024 11
1. Market Highlights 3
2. Economy and Policy 3
2.1 Indonesia reviews nickel ore mining quota to steady prices 3
2.2 Indonesia sets 2025 nickel ore mining quota at around 200 million tonnes 3
3. Market Movement 3
3.1 Chinese Market Movements 3
3.1.1 Chinese nickel cathode 99.96%min EXW China 3
3.1.2 Norilsk nickel cathode 99.96%min in port China 3
3.1.3 Nickel sulfate Ni 22%min, Co 0.4%max delivered China 3
3.1.4 Nickel sulfate Ni 22%min, Co 0.05%max EXW China 4
3.1.5 Ferronickel 10%min EXW China 4
3.2 International Market Movements 4
3.2.1 Philippine lateritic nickel ore 1.3%min CIF China 4
4. Company News 5
4.1 Century Tsingshan Nickel maintains ferronickel production lines 5
4.2 Grand Green to suspend nickel sulfate production 5
4.3 Jutai New Material to maintain nickel sulfate production equipment 5
4.4 Greatpower Technology resumes nickel sulfate production 5
4.5 Chancsun Umicore Industry halts nickel sulfate production 5
4.6 Grand Green Technology to reduce nickel sulfate production 5
4.7 Ramu New Energy reduces nickel sulfate output 5
5. Producers Statistics 5
5.1 Chinese refined nickel producers' operating rate records 73.55% in January 5
5.2 Chinese refined nickel producers' production down by about 0.58% MoM in January 5
5.3 Chinese refined nickel producers' stocks up by about 46.75% MoM in January 5
5.4 Chinese nickel sulfate producers' operating rate posts 44.25% in January 6
5.5 Chinese nickel sulfate producers' output down by about 6.59% MoM in January 6
5.6 Chinese nickel sulfate producers' inventory down by about 9.24% MoM in January 6
5.7 Chinese ferronickel producers' operating rate reports 43.83% in January 7
5.8 Chinese ferronickel producers' output down by about 4.33% MoM in January 7
5.9 Chinese ferronickel producers' stocks up by 3.57% MoM in late January 7
6. Import and Export Statistics 8
6.1 China's ferro-nickel import volume up by 21.66% YoY in Dec 2024 8
6.2 China's refined nickel (Co＞0.005%) import volume increased 185.26% YoY in Dec 2024 9
6.3 China's nickel sulfate import volume rose 99.15% YoY in Dec 2024 10
6.4 China's refined nickel (Co＞0.005%) export volume rose 100.72% YoY in Dec 2024 11
