Futures Rebound Boosts NPI Market Sentiment and Trading Volume

Published: Jun 16, 2026 15:02

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[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.

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