China NPI Production to Grow in July, SMM Reports

Published: Jul 10, 2017 11:43 (GMT+8)

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China’s NPI output grew in June on a monthly basis, with reasons below.

SHANGHAI, Jul. 10 (SMM) – China’s NPI output grew in June on a monthly basis, with reasons below.

China Base Metal Output Data in June 2017, SMM Exclusive Data

First, Jiangsu Delong Nickel Industry restarted stainless steel production in June, and its NPI output increased as a result. Second, some NPI producers in Liaoning grew production with the end of environmental protection inspections in June.

What Factors behind Price Recovery in High-grade NPI Market? SMM Reports

High-grade NPI market rallied from lows from mid June, and registered bigger gain in late June, stimulating production interest at some producers. Hence, SMM expects China’s NPI to grow by about 7-10% in July on a monthly basis.

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npi price npi output china npi output nickel price

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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