SMM 10-12% High-Grade NPI Price Drops to 1,083.5 Yuan/Unit, Indonesia's NPI FOB Index Falls to $136.9/Unit

Published: Mar 27, 2026 18:06

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[SMM Nickel Flash] The average price of SMM 10-12% high-grade NPI fell WoW by 6.7 yuan/nickel unit to 1,083.5 yuan/nickel unit (ex-factory, tax included), while the average price of Indonesia's NPI FOB index fell WoW by $1.38/nickel unit to $136.9/nickel unit. The high-grade NPI market generally operated steadily overall. After the transaction center stabilized, the market remained in back-and-forth negotiations between upstream and downstream, and prices were under pressure in the short term.

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