Home / Metal News / [Ni Ore] Chinese NPI Producers Not Buy Medium and High-Grade Ore

[Ni Ore] Chinese NPI Producers Not Buy Medium and High-Grade Ore

iconJul 28, 2015 11:02
Source:SMM
Chinese NPI producers are now reluctant to buy medium and high-grade ore, Shanghai Metals Market survey finds.

SHANGHAI, Jul. 28 (SMM) – Chinese NPI producers are now reluctant to buy medium and high-grade ore, Shanghai Metals Market survey finds. 

“Bearish outlook has depressed their interest in purchasing ore,” SMM nickel analyst explains.

Some domestic NPI producers plan to halt production after using up current stocks, according to SMM survey.

On Jul. 27, prices were 465-530 yuan per wmt for Ni 1.8-1.9% ore and 205-315 yuan per wmt for Ni 1.4-1.6% ore.  

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

nickel ore prices
ni ore
China NPI price
China NPI output
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news