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NewsFlash / Nickel / SMM Daily: NPI Prices Stable Amid Weakening Transactions Ahead of Chinese New Year

SMM Daily: NPI Prices Stable Amid Weakening Transactions Ahead of Chinese New Year

Jan 21, 2025 15:52

Source:SMM

[SMM Daily Review: Downstream and Upstream Transactions Weaken as Chinese New Year Approaches, High-Grade NPI Prices Remain Stable in the Short Term] January 21—SMM 8-12% high-grade NPI average price was 940.5 yuan/mtu (ex-factory, tax included), up by 0.5 yuan/mtu compared to the previous working day...

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May 9, 2025 18:56

Selected News

[SMM Analysis] Following Indonesia's Ban on Ore Mining? Can the Philippines' "Ore Mining Ban" Policy Impact the Nickel Industry

Recently, there has been much discussion in the market regarding the Philippines' ban on mining, with news stating that "the Philippine government is expected to implement a ban on nickel ore exports starting from June 2025.

May 9, 2025 18:21

Selected News

High-Nickel Pig Iron Prices Continue Downward Trend Amid Increased Supply and Weak Demand

This week, the average price of SMM 8-12% high-nickel pig iron is 950.1 RMB per nickel point (tax-included, ex-factory), which represents a decrease of 17.4 RMB per nickel point compared to the average price last week. The price of high-nickel pig iron continues its previous downward trend.

May 9, 2025 17:53

Analysis

High-Nickel Pig Iron Prices Continue Downward Trend Amid Increased Supply and Weak Demand

Cost Pressure Eases Slightly but Demand Remains Sluggish: Stainless Steel Market Still Stuck in Inversion Dilemma in the Short Term [SMM Analysis]

May 9, 2025 16:56

Selected News

【SMM Analysis】Weekly Review of Indonesian Nickel Market - 5.9

Indonesian nickel pyrometallurgical ore prices continues to slightly increase, while hydrometallurgical ore prices experience a downward trend. For high-grade NPI, this week's price pressure still persists

May 9, 2025 16:45

Analysis Industry

Data: SHFE, DCE market movement (May 9)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 9 May, 2025

May 9, 2025 15:41

Analysis

【SMM Daily Review of Nickel Sulphate】May 9 Nickel sulphate prices remained stable

On May 9, the SMM index price for battery-grade nickel sulphate was 27,858 yuan/mt, with a quotation range for battery-grade nickel sulphate of 27,860-28,370 yuan/mt. The average price remained stable compared to yesterday.

May 9, 2025 14:59

Selected News

[SMM Weekly Review of Nickel Ore Market] Indonesian ore and ore used for pyrometallurgy prices rise again, with ore used for hydrometallurgy and ore used for pyrometallurgy prices diverging

Prices of Indonesian ore used for pyrometallurgy rise again, with prices of ore used for hydrometallurgy and ore used for pyrometallurgy diverging Nickel ore prices in the Philippines drop slightly, but there is still a long way to go before downstream profit margins recover

May 9, 2025 14:47

Selected News

Market inquiry prices continue to decline, with short-term high-grade NPI prices still under pressure to operate [[Daily Review of NPI]]

[SMM Daily Review: Market Inquiry Prices Continue to Decline, Short-Term High-Grade NPI Prices Remain Under Pressure] On May 9, the average price of SMM 8-12% high-grade NPI was 944 yuan/mtu (ex-factory, tax included), down 3.5 yuan/mtu from the previous working day...

May 9, 2025 14:26

Selected News

[SMM MHP Daily Review] May 9: MHP Prices in Indonesia Decline Slightly

Recently, it has been affected by the slight decline in LME nickel prices. As of now, the MHP coefficient (relative to the SMM battery-grade nickel sulphate index) stands at 84%-85%, and the FOB price of Indonesian MHP is $12,725 per mt (Ni contained).

May 9, 2025 14:12

Selected News

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