Narrowing Price Gaps in NPI Grades Amid Sluggish Spot Transactions

Published: Aug 28, 2026 19:06

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【SMM Nickel Flash】August 28 — Price gaps across nickel‑point grades of NPI keep narrowing, and the premium spread between high‑ and low‑nickel‑point materials has been squeezed. Spot transactions remain sluggish. Some suppliers offer cargoes at lower levels yet face slow sales, with limited volumes of physical deals closed. Certain sellers still hold relatively high asking prices, creating a notable mismatch against price levels acceptable to downstream buyers.

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