Philippine nickel ore is affected by multiple factors including precipitation and Indonesian factors, with limited downside room in the short term. Indonesian ore prices held steady this week, with the market awaiting the next round of price quotes and transactions.
According to media reports, the US Department of Commerce has made a preliminary ruling that there are subsidies for key battery components in China, believing that Chinese producers of active anode materials have received substantial government subsidies, paving the way for the subsequent imposition of countervailing duties.
SMM Analysis: According to data from the General Administration of Customs, China's copper foil imports in April 2025 were approximately 8,117.83 mt, up 9.68% YoY and down 3.90% MoM. From January to April 2025, China's cumulative copper foil imports were approximately 30,383.57 mt, up 3.45% YoY...
【SMM Analysis】Weekly Review of Indonesian Nickel Market - 5.23
SMM prices of Indonesian nickel ore have remained generally stable this week