China’s NPI price retreats amid futures weakness; nickel ore price also down

China’s nickel pig iron (NPI) price fell in the week to Friday March 12, pressured by a lack of spot activity and weakness in the London Metal Exchange three-month nickel price.

Fastmarkets assessed the nickel pig iron, high-grade NPI content 10-15%, spot, ddp China at 1,140-1,160 yuan ($175-178) per nickel unit on March 12, down by 40-50 yuan (3.8%) per nickel...

Published

Yingchi Yang

March 15, 2021

07:37 GMT

Shanghai