Low-grade NPI Price Gain to Stop, SMM Foresees

Published: Sep 19, 2017 15:17

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Low-grade NPI price in China’s domestic market has been rising since late June, and continuous increases in coke market further fueled price gains in the low-grade NPI market.

SHANGHAI, Sept. 19 (SMM) – Low-grade NPI price in China’s domestic market has been rising since late June, and continuous increases in coke market further fueled price gains in the low-grade NPI market, which advanced 3,550-3,650 yuan per tonne.

Nickel Purchases Grow for Upcoming One-Week Holiday

The round of price gain in domestic low-grade NPI market has been in place for nearly 3 months, and SMM expects the gains to come to an end, and may be exposed to downward risks.

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