SMM High-Grade NPI Market Sentiment Dips, Spot Transactions Stay Weak

Published: Aug 20, 2026 18:11

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[SMM Nickel Flash] August 20, SMM high-grade NPI market sentiment factor stood at 1.86, down 0.01 MoM. High-grade NPI upstream sentiment factor was 1.99, flat MoM, and high-grade NPI downstream sentiment factor was 1.73, down 0.02 MoM. Transactions in the high-grade NPI spot market remained weak.

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