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[SMM Analysis] Nickel Sulphate Imports Grew Significantly in July, While Exports Continued to Decline

  • Sep 23, 2025, at 11:27 am
According to the latest data from China Customs, China's total nickel sulphate imports in August 2025 reached 6,664 mt in metal content, up 79% MoM and up 32% YoY. Nickel sulphate exports stood at 112 mt in metal content, down 23% MoM and down 75% YoY. China's net nickel sulphate imports in August 2025 were 6,553 mt in metal content, up 83% MoM and up 43% YoY.

According to the latest data from China Customs, China's total nickel sulphate imports in August 2025 amounted to 6,664 mt in metal content, up 79% MoM and up 32% YoY. Nickel sulphate exports were 112 mt in metal content, down 23% MoM and down 75% YoY. China's net imports of nickel sulphate in August 2025 reached 6,553 mt in metal content, up 83% MoM and up 43% YoY. By country, exports to Vietnam saw significant growth this month, but exports to other regions declined, driving the overall export volume down; the increase in imports was mainly contributed by Indonesia, Taiwan, China, and other countries (regions). Net imports of nickel salts increased this month, largely in line with last month's expectations.

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