SHANGHAI Nov. 7 (CBI China) -- Following NPI (Ni content of 1.6-1.8%) producers in Shandong Province stated keep production yesterday, another NPI producer which shut down previously and wait-and-see expressed to resume production soon. According to market players, this company has signed a batch of nickel ore for NPI production, at traded prices within RMB 100-200/mt.
It is reported that, although overall transaction was muted, due to many producers stopped production previously, NPI supply was not ample in the market, hence NPI producers will keep and resume production in recent period.
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