SMM 10-12% High-Grade NPI Price Rises to 1,089.9 Yuan/Nickel Unit, Indonesia NPI FOB Index Up to $138.93

Published: Mar 13, 2026 17:51

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[SMM Nickel Flash] The average price of SMM 10-12% high-grade NPI rose WoW by 2.2 yuan/nickel unit to 1,089.9 yuan/nickel unit (ex-factory, tax included), while the average price of Indonesia NPI FOB index rose WoW by $0.39/nickel unit to $138.93/nickel unit. This week, the tender price of mainstream steel mills was released, and the market came under brief pressure, but trading activity subsequently recovered to some extent, with high-grade NPI transaction prices rising again.

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