[NPI Daily Review] End-User Weakness Exerts Pressure, High-Grade NPI Prices Edge Down

Published: Apr 10, 2026 11:34

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[SMM Daily Comment: Weak End-User Demand Exerted Pressure, High-Grade NPI Prices Edged Down] On April 10, SMM's upstream sentiment index for high-grade NPI was 2.74, up 0.03 MoM, while the downstream sentiment index for high-grade NPI was 1.48, flat MoM.

SMM News, April 10,

April 10, the SMM high-grade NPI market sentiment factor was 2.11, up 0.02 MoM, the high-grade NPI upstream sentiment factor was 2.74, up 0.03 MoM, and the high-grade NPI downstream sentiment factor was 1.48, basically flat MoM. Supply side, the upstream offer center was basically flat, and the market showed mediocre performance. Demand side, overall demand was sluggish, market transactions were hard to find, and the actual transaction center still had a downward trend. Overall, end-user weakness exerted pressure, and high-grade NPI prices edged down.

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