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Home / Metal News / China NPI Producers Hold Back Sales on Difficulties in Sourcing Supplementary Materials

China NPI Producers Hold Back Sales on Difficulties in Sourcing Supplementary Materials

iconSep 21, 2017 15:54
Source:SMM
Domestic low and high-grade NPI producers meet difficulties in buying coke and coking coal, Shanghai Metals Market learns. 

SHANGHAI, Sept. 21 (SMM) – Domestic low and high-grade NPI producers meet difficulties in buying coke and coking coal, Shanghai Metals Market learns. 

The difficulties came mainly from environmental protection inspections in Shanxi and Inner Mongolia, which tightened supply shortages of coke and coking coal. This also grew production costs at domestic NPI producers. 

Nickel Purchases Grow for Upcoming One-Week Holiday

Based on SMM cost model, production costs at high-grade NPI producers in Inner Mongolia are at 960 yuan per mtu and above. 

At present, offers by NPI producers in Inner Mongolia are 970-980 yuan per mtu, or even 1,000 yuan per mtu. 

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

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.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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