WEEKLY: China's NPI prices stagnate on weak demand and possible output cuts

Source: Mysteel Oct 30, 2026 17:10

China's high-grade nickel pig iron (NPI) market was in stalemate this week, characterized by falling raw material costs and market expectations of reductions in supply.

On October 30, Mysteel assessed the price of high-grade NPI with 7-13% nickel content in East China's Jiangsu province at Yuan 1,020/mtu ($153/mtu) including delivery and VAT, flat from a week earlier. On the cost side, Philippine nickel ore prices edged lower, softening the cost support for NPI prices. On

Price Curve

Daily Prices

Nickel sulfate prices: China

Oct 30, 2026 11:45
Nickel ore prices: China's major cities

Oct 30, 2026 11:16
Nickel ore prices: FOB Philippines

Oct 30, 2026 11:15
Nickel ore prices: Indonesia

Oct 30, 2026 11:15
Nickel ore freight rates to China

Oct 30, 2026 11:15

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