[SMM NPI Market Transaction Flash News] SMM reported on May 22 that

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NewsFlash / Nickel / SMM NPI Market Flash: Indonesian Smelter Concludes High-Grade NPI Transaction at 965 Yuan/MTU

SMM NPI Market Flash: Indonesian Smelter Concludes High-Grade NPI Transaction at 965 Yuan/MTU

May 22, 2025 09:54

Source:SMM

[SMM NPI Market Transaction Flash News] SMM reported on May 22 that according to market news, a smelter in Indonesia recently concluded a transaction for high-grade NPI, with a transaction price of 965 yuan/mtu (including tax on a FOB basis, Ni≥12%). The total transaction volume was in the thousands of metric tons, with delivery scheduled for early June.

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This week's average price for SMM 8-12% high-grade nickel pig iron (NPI) reached 947.3 RMB per nickel point (ex-factory, including tax), an increase of 5.4 RMB per nickel point compared to last week. This indicates a stabilization and recovery trend in the high-grade NPI prices following recent fluctuations.

May 23, 2025 17:12

Analysis

High-Grade Nickel Pig Iron Prices Stabilize Amid Supply and Demand Dynamics

[SMM Weekly Review of Nickel Ore Market] Indonesian ore prices held steady this week, with the market awaiting the next round of price quotes and transactions

Philippine nickel ore is affected by multiple factors including precipitation and Indonesian factors, with limited downside room in the short term. Indonesian ore prices held steady this week, with the market awaiting the next round of price quotes and transactions.

May 23, 2025 16:59

Selected News

【SMM Analysis】Weekly Review of Indonesian Nickel Market - 5.23

SMM prices of Indonesian nickel ore have remained generally stable this week. NPI prices showed a rebound trend during this week

May 23, 2025 16:52

Analysis Industry

The market transaction price has risen, and the short-term price may rise for recovery [NPI Daily Review]

[SMM Daily Review: Market Transaction Prices Rise, Short-Term Prices May Recover Upward] On May 23, the average price of SMM 8-12% high-grade NPI was 951 yuan/mtu (ex-factory, tax included), up 2 yuan/mtu from the previous working day...

May 23, 2025 16:42

Selected News

[SMM Nickel Sulphate Daily Review] Nickel Salt Prices Remained Stable on May 23

On May 23, the SMM battery-grade nickel sulphate index price was 27,803 yuan/mt, with the quotation range for battery-grade nickel sulphate at 27,760-28,270 yuan/mt, and the average price remained stable compared to the previous day.

May 23, 2025 14:16

Selected News

[SMM MHP Daily Review] On May 23, Indonesian MHP Prices Slightly Declined

As of now, the MHP coefficient (relative to the SMM battery-grade nickel sulphate index) stands at 83.5%-84%, and the FOB price of Indonesian MHP is $12,756/mt Ni.

May 23, 2025 14:16

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[SMM Nickel Midday Review] Nickel prices continued to weaken on May 23, with the central bank conducting a 500 billion yuan MLF operation

May 23, 2025 11:39

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Nickel salt smelter's production costs decline, precursor plant's inquiry activity increases [SMM Nickel Morning Meeting Summary]

[5.23 Morning Meeting Minutes] Cost side, LME nickel has returned to fundamentals and is in the doldrums, leading to a slight decline in the production costs of nickel salt smelters. Demand side, the overall demand for nickel salt in June is expected to strengthen. Recently, the activity of precursor plants inquiring about nickel salt prices has significantly increased, and their purchase willingness has strengthened. Supply side, some nickel salt smelters have maintained stable quotes, while others have raised their quote coefficients due to increased demand and limited raw material inventory.

May 23, 2025 09:31

Selected News

The market transaction atmosphere has warmed up, and the price of high-grade NPI has stabilized and risen [Daily Review of NPI]

[SMM Daily Review: Market Transaction Atmosphere Warms Up, High-Grade NPI Prices Stabilize and Rise] On May 22, the average price of SMM 8-12% high-grade NPI was 949 yuan/mtu (ex-factory, tax included), up 2.5 yuan/mtu from the previous working day...

May 22, 2025 17:54

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[SMM Analysis] Downstream demand picks up, nickel salt prices rise

Downstream demand picks up, nickel salt prices rise

May 22, 2025 17:03

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SMM Events & Webinars

2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP

Indonesia Critical Minerals Conference & Expo 2025

2025 (2nd) Global Renewable Metal Industry Chain Summit