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China's NPI output up 16.9 pct in May

2020-07-03 14:03:47

Beijing, June 15(Antaike)-China's NPI output rose 16.9% m-o-m to 44.3kt (equivalent to nickel metal amount) in May, 2020, narrowing from a drop of 10.4% in May of last year, data released by Antaike. In particular, high grade NPI output was 37.4kt, of which output of RKEF process was 35.8kt, accounting for 95.6% of high grade NPI output; output of low grade NPI reached 6.9kt.

 

 

 

By regions, output of east China's Shandong and Jiangsu provinces increased substantially while that of other regions did not change much. In the first five months, China's output of NPI went down 15% y-o-y to 204.8kt. With the import of nickel ore in Philippines gradually returning to normal, domestic nickel ore supply gradually restored, and the overall resumption of some production lines in some parts of China, Antaike predicts that China's NPI output will continue to grow in June.

 

 

 

 

 

 

 

 

 

 

 

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