SMM Nickel Flash: High-Grade NPI Market Sentiment Unchanged, Negotiations Remain Subdued

Published: Oct 28, 2026 15:02 (GMT+8)
[SMM Nickel Flash] On October 28, SMM's high-grade NPI market sentiment factor stood at 1.68, flat MoM. The upstream sentiment factor for high-grade NPI was 1.70, flat MoM, while the downstream sentiment factor for high-grade NPI was 1.65, also flat MoM. The NPI market continued to see subdued negotiations today, with transaction prices holding at low levels.

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