SMM reported on March 17 that, according to market sources, a high-grade NPI transaction was concluded today at an Indonesian smelter. The transaction price was 1,035 yuan/mtu (CIF, tax included, Ni≥10%), and another transaction price was 1,040 yuan/mtu (CIF, tax included, Ni≥12%). The total transaction volume was several thousand mt, with delivery scheduled for mid-to-late April.
[SMM NPI Market Transaction Update] SMM, March 17 - According to market sources, a high-grade NPI transaction was concluded today by a smelter in Indonesia. The transaction price was 1,035 yuan/mtu (CIF, tax included, Ni≥10%), and another transaction price
- Mar 17, 2025, at 9:18 am
[SMM NPI Market Transaction Update] SMM, March 17 - According to market sources, a high-grade NPI transaction was concluded today by an Indonesian smelter. The transaction price was 1,035 yuan/mtu (CIF, tax included, Ni≥10%), and another transaction price was 1,040 yuan/mtu (CIF, tax included, Ni≥12%). The total transaction volume was several thousand mt, with delivery scheduled for mid-to-late April.
