SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance CentreAnnouncements
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceCokeCoalPig IronSteel BilletFinished Steel
New Energy
New Energy
SolarLithiumCobaltCathode MaterialPhosphorusCarbon AnodeSeparatorElectrolyteBattery Cell And ModuleBattery RecyclingNickel And ManganeseOther MaterialsSodium-ion BatteryHydrogen Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / Upstream Quotes for High-Grade NPI Remain Firm, Spot Prices Slightly Increase in the Short Term [Daily Review of NPI]

Upstream Quotes for High-Grade NPI Remain Firm, Spot Prices Slightly Increase in the Short Term [Daily Review of NPI]

iconJan 22, 2025 16:42
[SMM Daily Review: High-Grade NPI Upstream Prices Remain Firm, Spot Prices Slightly Increase in the Short Term] January 22—SMM 8-12% high-grade NPI average price was 941 yuan/mtu (ex-factory, tax included), up by 0.5 yuan/mtu compared to the previous working day...
On January 22, SMM reported that the average price of 8-12% high-grade NPI was 941 yuan/mtu (ex-factory, tax included), up by 0.5 yuan/mtu compared to the previous working day. Supply side, domestically, high-grade NPI prices fluctuated downward, and domestic smelters remained in a loss-making phase, with production expected to slightly decline. In Indonesia, with the release of some new capacity and additional output from the conversion of some high-grade nickel matte, high-grade NPI production is expected to slightly increase. Demand side, as the stainless steel market approaches the Chinese New Year holiday, stainless steel spot prices remained stable. Top-tier enterprises have sufficiently stocked up on raw materials before the holiday, while only some small and medium-sized stainless steel mills are making spot purchases. High-grade NPI demand has not shown a significant recovery. High-grade NPI costs remain relatively firm, and in the short term, as the market approaches the Chinese New Year holiday, prices may still have room for recovery.
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

SMM Events & Webinars

All
MOST POPULAR
1.Benchmarking Analysis Of the Development  Direction Of MHP And Nickel Matte
2.Technical Due Diligence Survey Of Nickel Product Unit
3.Long-term Price Forecast Of Nickel Industry
4.Feasibility Study Of Nickel Industry Investment
5.Indonesia Ni Industry Analysis
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.