SMM Nickel News: High-Grade NPI Sentiment Index Dips, Market Sees Intense Seller-Buyer Competition

Published: May 12, 2026 18:23

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[SMM Nickel Flash] On May 12, the SMM high-grade NPI market sentiment index was 2.84, down 0.13 MoM, the high-grade NPI upstream sentiment index was 3.36, down 0.16 MoM, and the high-grade NPI downstream sentiment index was 2.33, down 0.09 MoM. The market fluctuated at highs, with intensifying competition between sellers and buyers.

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