NPI Prices still Hover at Low Levels (2013-1-10)-Shanghai Metals Market

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NPI Prices still Hover at Low Levels (2013-1-10)

SMM Insight 07:39:09PM Jan 10, 2013 Source:SMM

SHANGHAI, Jan. 10 (SMM) -- Mainstream traded prices for NPI (Ni 10-15%) were between RMB 1,150-1,170/mtu, were between RMB 1,170-1,180/mtu for NPI (Ni 6-8%), between RMB 1,180-1,190/mtu for NPI (Ni 4-6%), and between RMB 3,000-2,950/mt for NPI (Ni 1.6-1.7%).

NPI prices still hovered at low level in early 2013. As offers from stainless steel mills were almost the same, buyers mainly consider transportation fees and payment terms. A few NPI producers were optimistic towards market outlook in March and April.
 

Key Words:  China NPI price    
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NPI Prices still Hover at Low Levels (2013-1-10)

SMM Insight 07:39:09PM Jan 10, 2013 Source:SMM

SHANGHAI, Jan. 10 (SMM) -- Mainstream traded prices for NPI (Ni 10-15%) were between RMB 1,150-1,170/mtu, were between RMB 1,170-1,180/mtu for NPI (Ni 6-8%), between RMB 1,180-1,190/mtu for NPI (Ni 4-6%), and between RMB 3,000-2,950/mt for NPI (Ni 1.6-1.7%).

NPI prices still hovered at low level in early 2013. As offers from stainless steel mills were almost the same, buyers mainly consider transportation fees and payment terms. A few NPI producers were optimistic towards market outlook in March and April.
 

Key Words:  China NPI price