(Mar 02, 12)

USD/RMB=6.298

SMM Prices

Products Prices (RMB/mt) Average (RMB/mt) Change (RMB/mt) Date
#1 Refined Nickel 164,000 - 165,000 164,500 1350 2011-09-01

Notes

Nickel Prices in Major Markets

Regions Prices (RMB/mt) Average (RMB/mt) Change (RMB/mt) Date
Imported, Gansu 164,500 - 165,500 165,000 1500 2011-09-01

SMM NPI Prices

Products Standard Prices (RMB/mt) Average (RMB/mt) Change (RMB/mt) Date
NPI (Nickel Pig Iron) 10-15% 1,630 - 1,650 1,640 0 2011-09-01
NPI (Nickel Pig Iron) 6-8% 1,560 - 1,580 1,570 0 2011-09-01
NPI (Nickel Pig Iron) 4-6% 1,540 - 1,550 1,545 0 2011-09-01
NPI (Nickel Pig Iron) 1.6-1.7% 3,650 3,650 0 2011-09-01

SMM Nickel Ore Prices

Products Standard Prices (RMB/mt) Average (RMB/mt) Change (RMB/mt) Date
Laterite Nickel Ore 1.9-2.0% 830 - 950 890 0 2011-09-01
Laterite Nickel Ore 1.8-1.9% 730 - 830 780 0 2011-09-01
Laterite Nickel Ore 1.4-1.6% 350 - 540 445 0 2011-09-01
Laterite Nickel Ore 310 - 350 330 0 2011-09-01

Offers by Famous Companies

Products Prices (RMB/mt) Average (RMB/mt) Change (RMB/mt) Date
#1 Imported Nickel 164,000 - 164,500 164,250 1500 2011-09-01
#1 Refined Nickel (Golden Camel brand) 164,500 - 165,000 164,750 1350 2011-09-01
#1 Refined Nickel,Yinyi brand 164,500 164,500 1350 2011-09-01

Notes

SMM prices and its lists are owned by SMM Information & Technology Co., Ltd. and are protected by the "Copyright Law of The People's Republic of China", "Anti-Unfair Competition Law of The People's Republic of China" and other laws, regulations, and applicable international treaties, and shall not be modified, reprinted , reproduced, sold, transferred, performed, showed, projected, broadcasted, adapted, translated, compiled and transmitted through information network without written permission.

News

#1 Refined Nickel

#1 Refined Nickel

SMM Database

From macro-economic statistics; output; imports and exports; surveys, etc. to historical prices concerning China's non-ferrous metals markets and relevant industries.

SMM Reports

Chinese Ni, NPI and Stainless Market Study

On macro front, the European debt crisis, expectation of Chinese tightening monetary policies are all negative for nickel prices.


China Nickel Ore Industry Report 2011

Fundamental factors: domestic and overseas stainless steel market are sluggish; LME nickel prices hit a low of USD 20,200/mt in August, the lowest level in 2011.


Survey on China’s NPI Producers 2011

SMM’s Survey on China’s NPI Producers is an observation of China’s NPI producers will help investors have clear understanding of China’s nickel industry fundamentals


CNY Base Rate

100 units of foreign currencies in CNY (2012-03-02)

USD 629.8 HKD 81.21
100JPY 774.9 EUR 838.99
GBP 1005.07