China Low-Grade NPI Price Keeps Rising, SMM Reports

Published: Aug 22, 2017 13:54 (GMT+8)

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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).

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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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