SMM Nickel Update: High-Grade NPI Sentiment Factors Rise in June

Published: Jun 16, 2026 15:01

Save

[SMM Nickel Flash] On June 16, the SMM high-grade NPI market sentiment factor was 2.31, up 0.02 MoM; the high-grade NPI upstream sentiment factor was 2.75, up 0.01 MoM; and the high-grade NPI downstream sentiment factor was 1.87, up 0.03 MoM.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

Data: SHFE, DCE market movement (Jun 16)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 16 Jun , 2026

Common.Time.minsAgo

1 hour ago

Futures Rebound Boosts NPI Market Sentiment and Trading Volume

[SMM Nickel Flash] On June 16, futures stopped falling in the previous trading session, driving an improvement in market sentiment. NPI market transactions saw a surge in volume, with actual orders placed for various grades of material. The overall trading atmosphere noticeably improved compared to the earlier period, with divergent transaction prices but a concurrent increase in liquidity across different grades. Steady futures supported the restoration of market sentiment, and coupled with the support of bulk spot transactions, the short-term NPI market maintained a pattern of tiered pricing, recovering transactions, and a rebounding price center.

1 hour ago

[NPI Daily Review] Multi-grade Bulk Deals Concluded, NPI Prices Strengthen in Tiers

[SMM Daily Review: Multi-Grade Batch Deals Conclude, Nickel Iron Prices Strengthen in Tiers] June 15 news: SMM high-grade NPI upstream sentiment factor was 2.75, up 0.01 MoM, while the high-grade NPI downstream sentiment factor was 1.87, up 0.03 MoM.

1 hour ago