Page 685 - ANC20-Proceedings-Presentations-Full
P. 685
Nickel market developments: Supply
Indonesian export policy change shakes the market as IndonesianNPI surges
Trade in nickel ores & concentrates, 2019 (kt gross) Trade in nickel ores & concentrates, H1 2020 (kt gross)
• Many of the nickel units
previously imported by China
from Indonesia in ore, rapidly
being imported asNPI
• Chinese NPI imports in H1 2020
up by 140%y-o-y
China: Monthly imports of ferronickel (kt gross)
400
300
200
100
0
Indonesia Rest of World
