China Low-Grade NPI Price Keeps Rising, SMM Reports

Published: Aug 22, 2017 13:54
One low-grade NPI producer in Shandong sold 5,000 tonnes of low-grade NPI Aug. 21 at 3,500 yuan per tonne, Shanghai Metals Market learns. Goods will be delivered 15 days later.

SHANGHAI, Aug. 22 (SMM) – One low-grade NPI producer in Shandong sold 5,000 tonnes of low-grade NPI Aug. 21 at 3,500 yuan per tonne, Shanghai Metals Market learns. Goods will be delivered 15 days later. 

Low-grade NPI price has been advancing recently along with rising coke price and high production enthusiasm at #200 stainless steel mills, SMM concludes. 

Nickel Spot Supply Tightens in China, SMM Learns

The producer is now running smoothly and suffers no impact from environmental protection inspections thanks to environment-friendly units. Its monthly output stays at around 40,000 tonnes or 660 tonnes (Ni content). 

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

 

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM News] Indonesia's State Electricity Company (PLN) Increases Purchase of Tsingshan IWIP Waste Heat Power to 11 Megawatts, Aiming to Strengthen Regional Power Grid Stability
11 hours ago
[SMM News] Indonesia's State Electricity Company (PLN) Increases Purchase of Tsingshan IWIP Waste Heat Power to 11 Megawatts, Aiming to Strengthen Regional Power Grid Stability
Read More
[SMM News] Indonesia's State Electricity Company (PLN) Increases Purchase of Tsingshan IWIP Waste Heat Power to 11 Megawatts, Aiming to Strengthen Regional Power Grid Stability
[SMM News] Indonesia's State Electricity Company (PLN) Increases Purchase of Tsingshan IWIP Waste Heat Power to 11 Megawatts, Aiming to Strengthen Regional Power Grid Stability
Indonesia's state power company (PLN) Maluku and North Maluku branch officially revised the power purchase agreement with Weda Bay Industrial Park (IWIP) on March 2, 2026, increasing the purchased excess power from 8.5 MW to 11 MW. PLN General Manager Noer Soeratmoko stated that the additional 2.5 MW capacity aims to address the growing electricity demand of residents and small enterprises in the central Halmahera region, ensuring the stability of the central Halmahera power grid during peak periods. IWIP President He Xiaoqing (Kevin He) noted that this collaboration is a significant step for the industrial park in supporting local energy supply, and by enhancing cooperation with PLN, it can rapidly improve regional power security without the need to construct new power plants.
11 hours ago
【SMM Flash News】PLN Increases Excess Power Purchase from IWIP to 11 MW to Boost Regional Grid Stability
11 hours ago
【SMM Flash News】PLN Increases Excess Power Purchase from IWIP to 11 MW to Boost Regional Grid Stability
Read More
【SMM Flash News】PLN Increases Excess Power Purchase from IWIP to 11 MW to Boost Regional Grid Stability
【SMM Flash News】PLN Increases Excess Power Purchase from IWIP to 11 MW to Boost Regional Grid Stability
PT PLN (Persero) has officially amended its Power Purchase Agreement (PJBTL) with PT Indonesia Weda Bay Industrial Park (IWIP), increasing the utilization of excess power from 8.5 MW to 11 MW as of March 2, 2026. General Manager Noer Soeratmoko stated that this 2.5 MW increase is a strategic move to secure power reserves for the Weda system amid rising demand from households and local businesses in Central Halmahera. IWIP President Director Kevin He emphasized that this collaboration ensures high-quality power distribution for the community, providing an immediate energy solution without the need for new power plant construction.
11 hours ago
[SMM Analysis] Global Stainless Steel Market Review – February 2026: Policy Shocks Collide with Supply Disruptions
14 hours ago
[SMM Analysis] Global Stainless Steel Market Review – February 2026: Policy Shocks Collide with Supply Disruptions
Read More
[SMM Analysis] Global Stainless Steel Market Review – February 2026: Policy Shocks Collide with Supply Disruptions
[SMM Analysis] Global Stainless Steel Market Review – February 2026: Policy Shocks Collide with Supply Disruptions
14 hours ago
China Low-Grade NPI Price Keeps Rising, SMM Reports - Shanghai Metals Market (SMM)