[SMM NPI Market Tender News] SMM reported on March 12 that, according to market sources, a high-grade NPI transaction was recently concluded by an Indonesian smelter. The transaction price was 1,000 yuan/mtu (ex-warehouse, tax included, Ni≥11%), and anothe

Published: Mar 12, 2025 16:44

Save

[SMM NPI Market Tender News] SMM, March 12 – According to market sources, a recent transaction of high-grade NPI was concluded at an Indonesian smelter. The transaction price was 1,000 yuan/mtu (ex-warehouse, tax included, Ni≥11%), and another transaction price was 1,010 yuan/mtu (ex-warehouse, tax included, Ni≥11%). The total transaction volume exceeded 100,000 mt, with delivery scheduled for late April.

SMM reported on March 12 that, according to market sources, a recent transaction of high-grade NPI was concluded at an Indonesian smelter. The transaction price was 1,000 yuan/mtu (ex-warehouse, tax included, Ni≥11%), and another transaction price was 1,010 yuan/mtu (ex-warehouse, tax included, Ni≥11%). The total transaction volume exceeded 10,000 mt, with delivery scheduled for late April.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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

Related News

22 hours ago

[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.

Affected by macro sentiment, MHP and high-grade nickel matte prices declined this week.

22 hours ago

[SMM Analysis] The market experienced panic selling this week, and nickel prices plummeted.

22 hours ago

23 hours ago

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

23 hours ago