【SMM NPI Market Trading Update】SMM reported on April 24 that,

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 Battery Separator Electrolyte Other Materials Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

NewsFlash / Nickel / SMM NPI Market Update: Indonesian Smelter Trades High-Grade NPI at 995 Yuan/MTU

SMM NPI Market Update: Indonesian Smelter Trades High-Grade NPI at 995 Yuan/MTU

Apr 24, 2025 12:14

Source:SMM

【SMM NPI Market Trading Update】SMM reported on April 24 that, according to market sources, a smelter in Indonesia traded high-grade NPI today at a price of 995 yuan/mtu (delivered, tax included, Ni≥10%). The traded volume was several thousand mt, with delivery scheduled for early May.

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

Dear Visitors, Please be informed that our English website will suspend news updates during the upcoming Labour Day holiday. This suspension will be in effect from May 1 to May 5.

Apr 30, 2025 23:59

Industry

[SMM Analysis] Nickel sulphate production fell 0.1% MoM in April

In April 2025, SMM's nickel sulphate production is expected to reach approximately 25,900 mt in metal content, corresponding to around 117,800 mt in physical tonnes, down approximately 0.08% MoM and 24.79% YoY.

Apr 30, 2025 18:01

Selected News

【SMM Analysis】Weekly Review of Indonesian Nickel Market-4.30

Indonesian nickel ore prices remained stable with a slight upward trend in pyrometallurgy, while hydrometallurgical ore prices may experience a downward trend. For high-grade NPI, the prices remain under pressure with slight decline

Apr 30, 2025 17:21

Analysis Industry

High-Nickel Pig Iron and Pure Nickel Markets Face Continued Downward Pressure Amid Supply-Demand Imbalances

This week, the average price of SMM 8-12% high-nickel pig iron (NPI) stood at 967.5 yuan per nickel unit (including tax, ex-factory), marking a decrease of 7.2 yuan per nickel unit compared to last week's average. Although the price of high-nickel pig iron continues to trend downward, the rate of decline has slowed compared to the previous week.

Apr 30, 2025 16:47

Analysis

Social Inventory of Stainless Steel Continues to Decline: How Will Inventory Change After the Holiday?

SMM reported on April 30 that the total inventory in the stainless steel markets of Wuxi and Foshan decreased this week (April 25-30, 2025), falling from 985,800 mt to 975,400 mt, down 1.05% WoW. On the demand side, downstream firms stockpiled goods to meet immediate needs ahead of the Labour Day holiday, with stable demand. Low prices prompted enterprises and traders to restock at any time.

Apr 30, 2025 16:20

Selected News

Social Inventory of Stainless Steel Continues to Decline: How Will Inventory Change After the Holiday?

Data: SHFE, DCE market movement (Apr 30)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 30 Apr, 2025

Apr 30, 2025 15:52

Analysis

Data: SHFE, DCE market movement (Apr 30)

[SMM Analysis] Nickel Salt Smelter Quotations Remain Firm This Week, Downstream Price Acceptance Rises

This week, the nickel salt smelter's quotes remained firm, and downstream price acceptance increased.

Apr 30, 2025 15:45

Selected News

【Weekly Review of Nickel Ore Market】Prices of Indonesian Ore and Ore Used for Pyrometallurgy Rise Again, Leaving Downstream Enterprises in a Dilemma

Philippine Nickel Ore Prices Remain Steady, with Diverging Trends in Domestic and Indonesian Markets Indonesian Ore and Ore Used for Pyrometallurgy Prices Rise Again, Leaving Downstream Enterprises in a Dilemma

Apr 30, 2025 15:26

Selected News

Market sentiment was wait-and-see before the holiday, with sluggish inquiries. Short-term high-grade NPI prices may be in the doldrums. [Daily Review of NPI]

[SMM Daily Review: Market sentiment remains cautious with sluggish inquiries ahead of the holiday; short-term high-grade NPI prices may be in the doldrums] On April 30, the average price of SMM 8-12% high-grade NPI was 967.5 yuan/mtu (ex-factory, tax included), unchanged from the previous working day...

Apr 30, 2025 15:10

Selected News

Focusing on the R&D of Lithium Metal Solid-State Batteries! Xinjie Energy's NEV Power Battery Is Expected to Be Launched Soon! [New Energy Summit]

Apr 30, 2025 13:42

Selected News

SMM Events & Webinars

All

May
15
- 2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP
  May 15 - 25,2025
  Argentina & Brazil
May
20
- 2025 SMM ASIA METALS SEMINAR
  May 20 - 20,2025
  Global Metals Market in Flux Geopolitics, Policies, Fundamentals
  Novotel Century, Hong Kong, China
May
22
- 2025 SMM 3rd Wire & Cable Conference & Expo
  May 22 - 23,2025
  Suzhou, Jiangsu, China

SMM Events & Webinars

2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP

2025 SMM ASIA METALS SEMINAR

2025 SMM 3rd Wire & Cable Conference & Expo