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Home / Metal News / Premiums of High-grade NPI over Imported Ferronickel to Narrow in September

Premiums of High-grade NPI over Imported Ferronickel to Narrow in September

iconSep 11, 2017 18:06
Source:SMM
In August, premiums of high-grade NPI over imported ferronickel were $1,013 (Ni content), up sharply by $ 363 or 56 per cent from July’s, according to SMM data. 

SHANGHAI, Sept. 11 (SMM) – In August, premiums of high-grade NPI over imported ferronickel were $1,013 (Ni content), up sharply by $ 363 or 56 per cent from July’s, according to SMM data. 

Wait-and-See Attitude Prevails High-grade NPI Market 

The big rise in the premiums is due mainly to sales holding-back by some traders and Chinese yuan’s appreciation. 

The premiums are expected to narrow in September, but to stay at highs, SMM foresees.  

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

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