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Home / Metal News / [Ni] Domestic NPI Prices Slide Further

[Ni] Domestic NPI Prices Slide Further

iconJul 31, 2009 00:00
Source:上海有色金属网

SHANGHAI, July 31 (SMM) -- According to SMM sources, NPI prices continued to fall slightly in Linyi region this week, with spot prices moving in the RMB 3,250-3,300/mt range.

    Spot supply was sufficient in Linyi region due to increased restarts of small blast furnace companies, weighing on spot prices for NPI. However, market insiders said any downward room for NPI prices will be limited given current increases in coke and nickel ore prices, as well as pig iron prices.

    Several local factories said NPI orders for August dropped due to increased producers, with order prices in the RMB 3,300-3,350/mt range.

 

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