Markets News

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / High-grade NPI price inches up on tight supply

High-grade NPI price inches up on tight supply

Jul 27, 2018 16:46

Source:SMM

A cargo of high-grade nickel pig iron (NPI) was heard traded at 1,100 yuan/mtu delivered to mill this week

SHANGHAI, Jul 27 (SMM) – A cargo of high-grade nickel pig iron (NPI) was heard traded at 1,100 yuan/mtu delivered to mill, SMM learned.

Bought by a stainless steel mill in east China, the cargo was concluded 20 yuan/mtu higher than a week ago due to tighter spot materials and higher nickel prices.

Market commentary

nickel pig iron

NPI

For queries, please contact William Gu at williamgu@smm.cn

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

On the supply side: Due to large import losses, NORNICKEL nickel, Sumitomo, NIKKELVERK nickel and Nickel briquette could not pass customs clearance, the market was in shortage of pure nickel.

Mar 18, 2022 13:23

SMM Insight

SMM Minutes: Pandemic Strikes Again, Transactions and Transportation of Spot Market Restricted

SMM Morning Comments (Jan 22): Shanghai base metals performance mixed as traders monitored the beginning of Joe Biden’s presidency

Shanghai base metals traded mixed on Friday morning as traders monitored the European Central Bank's latest meeting and the beginning of Joe Biden's presidency. Meanwhile, their counterparts on the LME also set for a mixed start.

Jan 22, 2021 10:00

SMM Comments

SMM Morning Comments (Jan 22): Shanghai base metals performance mixed as traders monitored the beginning of Joe Biden’s presidency

SMM Morning Comments (Jan 11): Shanghai base metals fell across the board as investors awaited the release of Chinese inflation data for December

Nonferrous metals on both SHFE and LME declined across the board on Monday morning. Developments on the coronavirus front will likely continue to be monitored by investors and could weigh on sentiment.

Jan 11, 2021 10:00

SMM Comments

SMM Morning Comments (Jan 11): Shanghai base metals fell across the board as investors awaited the release of Chinese inflation data for December

SMM Morning Comments (Jan 5): Shanghai base metals were mostly higher following overnight Wall Street plunge

Nonferrous metals on the SHFE were mostly higher on Tuesday morning, and their counterparts on the LME rose across the board, following an overnight drop on Wall Street as fears surrounding the coronavirus pandemic lingered.

Jan 5, 2021 10:00

SMM Comments

SMM Morning Comments (Jan 5): Shanghai base metals were mostly higher following overnight Wall Street plunge

SMM Morning Comments (Nov 30): Shanghai base metals increased across the board China’s manufacturing activities continued to expand in November

Shanghai base metals and their counterparts on the LME all cruised higher on Monday morning, holding onto their last Friday gains.

Nov 30, 2020 10:15

SMM Comments

SMM Morning Comments (Nov 30): Shanghai base metals increased across the board China’s manufacturing activities continued to expand in November

SMM Morning Comments (Nov 26): Shanghai base metals were mostly lower as investors reacted to Fed meeting minutes

Shanghai base metals mostly declined on Thursday morning, as investors reacted to minutes released overnight from the US Federal Reserve's November meeting. Meanwhile, their counterparts on the LME were mostly higher on the board.

Nov 26, 2020 09:39

SMM Comments

SMM Morning Comments (Nov 26): Shanghai base metals were mostly lower as investors reacted to Fed meeting minutes

SMM Morning Comments (Nov 20): Shanghai base metals were mostly higher and the LME complex also rose for the most part

Nonferrous metals on the SHFE were mostly higher on Friday morning, and their counterparts on the LME also rose for the most part.

Nov 20, 2020 09:25

SMM Comments

SMM Morning Comments (Nov 20): Shanghai base metals were mostly higher and the LME complex also rose for the most part

SMM Evening Comments (Nov 16): Shanghai nonferrous metals rose broadly on the signing of RECP and positive Chinese economic data

SHFE nonferrous metals were mostly higher on Monday November 16 on the signing of the Regional Comprehensive Economic Partnership (RECP) over the weekend and upbeat Chinese economic data released today.

Nov 16, 2020 18:48

SMM Comments

SMM Evening Comments (Nov 16): Shanghai nonferrous metals rose broadly on the signing of RECP and positive Chinese economic data

SMM Morning Comments (Nov 12): Shanghai base metals performance mixed as the pandemic situation remains severe

Shanghai base metals traded mixed on Thursday morning following an overnight bounce for tech stocks on Wall Street as a recent rotation into cyclicals paused. Meanwhile, their counterparts on the LME also set for a mixed start.

Nov 12, 2020 09:28

SMM Comments

SMM Morning Comments (Nov 12): Shanghai base metals performance mixed as the pandemic situation remains severe

SMM Evening Comments (Nov 11): Shanghai nonferrous metals ended mostly lower, aluminium rose 1.57%

Shanghai base metals fell for the most part on Wednesday November 11. Copper slid 0.35%, zinc weakened 0.91%, nickel edged down 0.07% and tin fell 0.68%, while aluminium rose 1.57% and lead climbed 0.34%.

Nov 11, 2020 18:36

SMM Comments

SMM Evening Comments (Nov 11): Shanghai nonferrous metals ended mostly lower, aluminium rose 1.57%

SMM Events & Webinars

All

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 (10th) China International New Energy Industry Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

High-grade NPI price inches up on tight supply

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 (10th) China International New Energy Industry Expo