One Jiangsu NPI Plant to Restart Production on Optimistic Outlook, SMM Reports

Published: Aug 10, 2017 16:12 (GMT+8)

Save

One high-grade NPI producer in Ganyu County, Jiangsu Province plans to restart production this Saturday due to optimistic outlook for price, Shanghai Metals Market learns.

SHANGHAI, Aug. 10 (SMM) – One high-grade NPI producer in Ganyu County, Jiangsu Province plans to restart production this Saturday due to optimistic outlook for price, Shanghai Metals Market learns.

China NPI Output Grows with Rising NPI Price, SMM Reports

The plant, a small and medium-size, recently bought more than 10,000 tonnes of Ni 1.6% spot ore for production needs, and will also need to purchase medium and high-grade ore for ore stocks.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

npi price npi output china npi output

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 for 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

14 hours ago

NPI Sentiment Improves Marginally on Upstream Side, Downstream Stays Flat, Market Quotes Widely Split

[SMM Nickel Flash] On November 9, SMM's high-grade NPI market sentiment index stood at 1.78, up 0.04 MoM. The upstream sentiment index for high-grade NPI was 1.93, up 0.07 MoM, while the downstream sentiment index for high-grade NPI was 1.63, flat MoM. Today, the NPI market saw a continued tug-of-war between longs and shorts, with notably divergent quotes and overall sluggish trading.

14 hours ago

Data: SHFE, DCE market movement (Nov 09)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 09 Nov , 2026

14 hours ago

15 hours ago

Fino Discloses KRW 61.9 Billion in Planned Nickel Investments Linked to Indonesia

On November 9, Fino disclosed two planned investments by its Singapore subsidiary, FINO NEW ENERGY. The subsidiary plans to pay US$26.09 million for a 51% stake in Singapore CNGR Zhongxin New Energy, a holding company with mining assets in Indonesia. It also plans to invest about KRW 26.85 billion for a 51% stake in a special-purpose vehicle being set up to invest in Indonesia’s PT ABEB nickel project. Both decisions were made on November 6. The filings list December 31 as the expected date for the acquisition and capital contribution.

15 hours ago