Home / Metal News / Copper / China March Nickel Output Contained in NPI Falls 0.29% MoM
China March Nickel Output Contained in NPI Falls 0.29% MoM
Apr 12,2012 13:09CST
smm insight
Source:SMM
According to SMM exclusive data, China’s output of nickel contained in NPI during March was 23,402.66 mt, down 0.29% from February’s 23,471.7 mt.

SHANGHAI, Apr. 12 (SMM) -- According to SMM exclusive data, China’s output of nickel contained in NPI during March was 23,402.66 mt, down 0.29% from February’s 23,471.7 mt, but up 2.15% from 22,911 mt during March 2011.

China’s NPI output in March was 441,900 mt, up 19.05% from February’s 371,200 mt, and up 32.66% from 333,100 mt in March 2011.

Ni Content

March Output of Ni Contained in NPI (Mt)

Proportion

February Output of Ni Contained in NPI (Mt)

Proportion

MoM Change

NPI (Ni 9-15%)

15,776.5

67.41%

17,476.4

74.46%

-9.73%

 

NPI (Ni 4-8%)

3,291

14.06%

3,431.5

14.62%

-4.09%

 

NPI (Ni 1.5-2.0%)

4,335.16

18.52%

2,563.8

10.92%

69.09%

 

Total

23,402.66

 

100%

23,471.7

 

100%

-0.29%

Low grade NPI output increased, and the survey reveals that no low grade NPI producers have plans to cut or suspend production. Medium grade NPI output decreased on a monthly basis, with 57% of medium grade NPI producers saying they may consider cutting production. 20% of high grade NPI producers said they would cut or suspend production.

 

nickel
NPI

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news