SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance CentreAnnouncements
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceCokeCoalPig IronSteel BilletFinished Steel
New Energy
New Energy
SolarLithiumCobaltCathode MaterialPhosphorusCarbon AnodeSeparatorElectrolyteBattery Cell And ModuleBattery RecyclingNickel And ManganeseOther MaterialsSodium-ion BatteryHydrogen Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / Why Low-Grade NPI Price Fall? SMM Reports

Why Low-Grade NPI Price Fall? SMM Reports

iconJun 13, 2016 14:56
Source:SMM
Prices of low-grade NPI have been falling since Chinese Dragon Boat Festival starting from Jun. 9 to 11. What factors are behind the decline?

SHANGHAI, Jun. 13 (SMM) – Prices of low-grade NPI have been falling since Chinese Dragon Boat Festival starting from Jun. 9 to 11. What factors are behind the decline? 

At present, low-grade NPI price is 2,220-2,250 yuan per tonne, with average price down 40 yuan since the holiday, according to SMM data. 

“Demand from stainless steel mills is waning, giving no price support to low-grade NPI,” SMM nickel analyst points out. 

Prices of #200 stainless steel are dropping with weak demand and falling coke prices, and prices of LH/2B coils in the Wuxi market, produced by Angang Lianzhong Stainless Steel Corporation, fell to 7,500-7,600 yuan per tonne, down about 9 per cent from May’s high. 

One NPI producer told SMM that low-grade NPI prices will likely keep falling for the foreseeable due to low acceptance to the price at around 2,250 yuan. 

Despite of falling prices, profits at domestic low-grade NPI producers are around 12 per cent, SMM estimates, due to falling coke prices.  

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

China NPI price
China NPI output
npi price
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

SMM Events & Webinars

All
MOST POPULAR
1.China Lithium Market Dynamics and Lithium Procurement Study
2.Battery Recycling Technology Understanding
3.Solid State Battery Market
4. China Scrap Steel Quality Analysis
5.China Scrap Steel Cost Curve
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.