The volume of export of Nickel from Russia in the first quarter of saw the rise
![The volume of export of Nickel from Russia in the first quarter of saw the rise](/images/dummy/newsdetail.jpg)
According to FCS (Federal Customs Service) of the Russian Federation companies of the country in the first 3 months of this year exported more than 53 thousand tons of raw Nickel. This is by 4.1% more than last year’s first quarter results. While the lion’s share of foreign sales was accounted for by foreign countries, while close neighbors acquired less than 1% of this volume (the export of Nickel in the CIS countries during this time amounted to about 100 tons). The total amount of cash turnover in Russian companies exported Nickel 1−3 months of 2011 exceeded $1.43 million.
Recall that the January export figures for this metal were producers less optimistic: when comparing the volumes of the first month of the current year (15.1 thousand tons) and the results of work in January 2010 (17 thousand tons), there has been a decrease in the level of Nickel exports by the Russian suppliers of 10.7%. Due to higher Nickel prices, balance of trade metal in monetary terms showed a positive trend, demonstrating the rise by 25.15% (from $304.8 million in 2010 to $381,4 million in the current year). And although in February this year regarding the January release of Nickel has declined even more (about 9%), in comparison with the 2nd month of 2010, the volume of exports, though only slightly (less than one percent), but increased.