SMM Nickel Flash: High-Grade NPI Sentiment Down in April Across Market, Upstream, and Downstream Sectors

Published: Apr 1, 2026 13:33
[SMM Nickel Flash] April 1: SMM's market sentiment factor for high-grade NPI was 2.1, down 0.06 MoM; the upstream sentiment factor for high-grade NPI was 2.71, down 0.07 MoM; the downstream sentiment factor for high-grade NPI was 1.5, down 0.04 MoM.

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[SMM Daily Review: Upstream Costs and Downstream Selling Prices Remained Difficult to Match, High-Grade NPI Prices Stayed in a Stalemate] April 1 News: SMM's upstream sentiment factor for high-grade NPI was 2.71, down 0.07 MoM, while the downstream sentiment factor for high-grade NPI was 1.5, down 0.04 MoM.
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