Latest news on China NPI markets

Indonesia's RKAB disruption supports China's nickel price

China's NPI prices have been on the rise since December 2023 fueled by the persistent RKAB approval disruption, and the latest market quotations have reached Yuan 960/mtu, though there have not been transactions at such a price level.   Source: Mysteel   As of the time of this writing, around 23 nic

Nickel supply worries re-emerge on delayed RKAB approval

The nickel prices have gained strong support recently with the nickel ore supply concerns spreading again over the market triggered by the delayed RKAB approval in Indonesia.

Indonesia NPI production up 9.2% in Oct

According to Mysteel survey, Indonesia's NPI production stood at 128,300 tonnes (in metal content, the same below unless otherwise stated) in October, rising 9.18% month on month (MoM) and 26.3% year on year (YoY).   Mysteel survey sample covers 48 hydrometallurgy-based nickel smelting projects in I

Indonesia and China's NPI plants both report mounting production

Thanks to a bull market and intensive production scheduling of stainless steel mills, the NPI (nickel pig iron) production was with strong momentum both in China and Indonesia, totaling 156,500 tonnes in metal content (the same below, unless otherwise stated) in July, with a month-on-month (MoM) gro

98% of Indonesia's nickel products shipped to China in June

According to the latest information from the Indonesian Ministry of Trade, the total exports of Indonesia's nickel products in June 2023 stood at 828,261.18 tonnes in physical content (the same below), including 734,028.85 tonnes of NPI, 5,790.87 tonnes of ferronickel, 21,341.72 tonnes of high-grade

Survey: NPI inventory at Chinese NPI factories 2023-03

NPI monthly inventory at Chinese NPI factories. Survey month: 2023-03    Unit: '000 tonnes  

Survey: Nickel ore inventory at Chinese port 2023.4.14

Mysteel weekly survey of Nickel inventory at 14 Chinese ports. Date: 2023.4.14   Inventory by port (Unit: '000 wmt)   Inventory by product origin (Unit: '000 wmt)   Inventory by product grade (Unit: '000 wmt)

Survey: NPI inventory at Chinese NPI factories 2023-03

NPI monthly inventory at Chinese NPI factories. Survey month: 2023-03    Unit: '000 tonnes  

Survey: NPI production in China and Indonesia 2023-03

Mysteel monthly survey of NPI production in China and Indonesia (by region). Survey month: 2023-03    Unit: 10,000 tonne

Survey: NPI production in China and Indonesia 2023-02

Mysteel monthly survey of NPI production in China and Indonesia (by region). Survey month: 2023-02    Unit: 10,000 tonne