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SHANGHAI, May 16 (SMM) -Customs data showed that China imported 2.12 million mt of nickel ore in March, up 42.9% month-on-month and 24.3% year-on-year.
SMM expects the imported copper concentrate TCs will continue to rise in the second quarter.
China imported 12.05 million mt of bauxite in March, up 7.2% on the month and 2.9% on the year.
China imported 129,000 mt of hydrometallurgical intermediate nickel products in March, an increase of 13% MoM, which is equivalent to 24,600 mt in Ni content, up 10% MoM. From January to March, a total of 318,900 mt of intermediate products were imported, which is equivalent to about 24,600 mt in Ni content (SMM data is calculated based on wet metric tonne, and the figure may be lower than the actual reading considering the import declaration differences).
SHANGHAI, May 16 (SMM) -In April, 2.67 million wmt of nickel ore arrived at Chinese ports, up 42.36% MoM, while 2.36 million wmt of nickel ore departed from the Philippines, also up 52.3% MoM.