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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.

China NPI price

China NPI output

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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.

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