The key for China to become a nickel metal market leader is to take advantage of financial market instruments

According to relevant statistics,in 2019,China imported pure nickel of 188,000 tons,exported pure nickel of 36,600 tons,and realized a net import of 151,400 tons.It is learned that the majority of the pure nickel exported by China(34,000 tons)belongs to the goods in areas under special customs supervision,which is mainly used for the delivery to the Asian warehouse of London Metal Exchange(LME),and the pure nickel exported by China used for processing trade,processing with imported materials and general trade is less than 2,400 tons.