Will China NPI Output Keep Falling in June? SMM Reports-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Air pollution
  • Macroeconomics
  • Production data
  • Futures movement
  • Zinc
  • Aluminium
  • hydrogenation stations
  • Nickel
  • Copper
  • Market commentary
  • nickel laterite
  • In the United States
  • Morning comments
  • Nickel ore

Will China NPI Output Keep Falling in June? SMM Reports

SMM Insight 09:48:16AM Jun 09, 2017 Source:SMM

SHANGHAI, Jun. 9 (SMM) – China’s NPI output was down in May on a monthly basis, SMM data showed. What are major factors behind the decline, and will the decline be continuing in June?

Indonesia Cuts Base Export Prices of Nickel Ore, Why?

SMM attributes two reasons behind the output decline on a monthly basis. First, domestic EAF NPI producers in Inner Mongolia suspended or cut output due to big losses, and all EAF NPI producers in Jiangsu halted production for the same reason. Second, demand for low-grade NPI was poor, and some producers shifted to producing pig iron. 

SMM expects China’s NPI output to grow by about 8 per cent in June on a monthly basis, though. 

China Refined Nickel Output Falls in May MoM, SMM Reports

In June, some RKEF NPI producers are likely to grow output, such as Jiangsu Delong Nickel, which may increase high-grade NPI output along with its stainless steel production resumption. Meanwhile, some low-grade NPI producers resumed production in early June to consume on-hand low-grade nickel ore inventories. 
 
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Will China NPI Output Keep Falling in June? SMM Reports

SMM Insight 09:48:16AM Jun 09, 2017 Source:SMM

SHANGHAI, Jun. 9 (SMM) – China’s NPI output was down in May on a monthly basis, SMM data showed. What are major factors behind the decline, and will the decline be continuing in June?

Indonesia Cuts Base Export Prices of Nickel Ore, Why?

SMM attributes two reasons behind the output decline on a monthly basis. First, domestic EAF NPI producers in Inner Mongolia suspended or cut output due to big losses, and all EAF NPI producers in Jiangsu halted production for the same reason. Second, demand for low-grade NPI was poor, and some producers shifted to producing pig iron. 

SMM expects China’s NPI output to grow by about 8 per cent in June on a monthly basis, though. 

China Refined Nickel Output Falls in May MoM, SMM Reports

In June, some RKEF NPI producers are likely to grow output, such as Jiangsu Delong Nickel, which may increase high-grade NPI output along with its stainless steel production resumption. Meanwhile, some low-grade NPI producers resumed production in early June to consume on-hand low-grade nickel ore inventories. 
 
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.