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Home / Metal News / Low-grade NPI Price Gain to Stop, SMM Foresees

Low-grade NPI Price Gain to Stop, SMM Foresees

iconSep 19, 2017 15:17
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. 

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


 

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

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