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Home / Metal News / China NPI Price to Advance, SMM Expects

China NPI Price to Advance, SMM Expects

Sep 12, 2016 10:10

Source:SMM

NPI price in China’s domestic market is expected to advance this week, Shanghai Metals Market foresees.

SHANGHAI, Sep. 12 (SMM) – NPI price in China’s domestic market is expected to advance this week, Shanghai Metals Market foresees.

LME Nickel to Advance, SMM Expects

Prices for #300 stainless steel should rise during the September-October high-demand season for stainless steel. This, combined with the three-day Chinese Mid-Autumn holiday, will bolster high-grade NPI prices, SMM says, expecting prices to rise to 850-860 yuan per mtu.

In the medium and low-grade NPI market, higher coke prices will lend a support to the prices, SMM adds.

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

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For queries, please contact William Gu at williamgu@smm.cn

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India Nickel Scrap prices continue to remain flat; Nickel Futures fell by 2.13 percent

Why Nickel Market Dive in Afternoon Business? SMM Reports

Nickel market dived during the afternoon business on Friday, with LME and SHFE three-month nickel sliding to $10,000 per tonne and 83,000 yuan per tonne. Why?

Apr 7, 2017 15:35

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Why Nickel Market Dive in Afternoon Business? SMM Reports

LME Nickel to End with Losses (2017-4-7)

LME nickel will fluctuate at around the 20-day moving average on Friday and SHFE 1709 nickel will move at RMB 84,500-85,500/mt.

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LME Nickel to End with Losses (2017-4-7)

LME Nickel to Stay Firm (2017-4-6)

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Apr 6, 2017 09:50

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Jinchuan Group Raises Nickel Price by 500 yuan on Sep. 19

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Sep 19, 2016 13:35

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China NPI Output Falls in August, SMM Reports

China’s NPI output fell 12.15 per cent in August on a monthly basis, Shanghai Metals Market reports.

Sep 8, 2016 14:08

SMM Comments

One Jiangsu NPI Producer Restarts Production, SMM Reports

One high-grade NPI producer in Lianyungang, Jiangsu Province restarted production on Aug. 18, Shanghai Metals Market learnt.

Aug 19, 2016 10:11

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SHFE Nickel Ends Lower (2016-8-15)

SHFE 1701 nickel started at RMB 80,710/mt and then posted gains. During the afternoon business, SHFE 1701 nickel fluctuated at RMB 81,200-81,600/mt and ended at RMB 80,850/mt, down 2.91%.

Aug 15, 2016 17:19

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SHFE Nickel Ends with Losses (2016-8-12)

SHFE 1701 nickel started at RMB 83,650/mt and dropped below the 20-day moving average to a session-low of RMB 82,600/mt later before finally closding at RMB 83,100/mt, down 1.25%.

Aug 12, 2016 15:49

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China NPI Price to Advance, SMM Expects

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