SMM Nickel Flash: High-Grade NPI Market Sentiment Dips, Upstream Stable, Downstream Weakens Slightly

Published: Aug 5, 2026 18:34

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[SMM Nickel Flash] Aug 5: The SMM high-grade NPI market sentiment factor was 2, down 0.01 MoM; the upstream sentiment factor for high-grade NPI was 2.09, flat MoM; the downstream sentiment factor was 1.91, down 0.01 MoM. The spot high-grade NPI market returned to mediocrity.

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