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Output Cut News Supports High-grade NPI Price

iconOct 10, 2017 11:13
Source:SMM
Three NPI producers in major producing regions have received the notice of suspending production, and this has grown market expectation over NPI supply shortages, supporting high-grade NPI price.

SHANGHAI, Oct. 10 (SMM) – Three NPI producers in major producing regions have received the notice of suspending production, and this has grown market expectation over NPI supply shortages, supporting high-grade NPI price.

What’s Impact on Nickel Ore Demand from Nickel Production Cuts in Shandong’s Linyi? SMM Reports

At present, NPI producers in north China make offers at around 920 yuan per mtu (ex-works price, including tax), and supplying volume is low. So far, no deals have been heard.   

One Indonesian NPI Producer Increases Production on Rising Price and China Demand

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