Previously, SMM made the following reminder about the discontinuation of high-grade NPI price updates by region: SMM Announcement: The Publication of High-Grade NPI Prices by Region Will Soon Be Discontinued

Last Friday night, LME copper opened at $9,794/mt, with the highest price reaching $9,887.0/mt and the lowest price dropping to $9,773.0/mt.

NICKEL ORE The tight supply of Indonesian ore continues, and pyrometallurgical ore prices may rise again High-Grade NPI The supply increment of high-grade NPI may be limited, and short-term prices are expected to remain relatively stable.

Overnight, LME copper opened at $9,833/mt, reaching a high of $9,872/mt and a low of $9,808/mt, closing at $9,846.5/mt.

Overnight, LME copper opened at $9,942/mt, reaching a high of $9,971/mt during the session, and a low of $9,900/mt at the end of the session, closing at $9,907/mt.

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LME copper opened at 10,030.5 yuan/mt overnight, reaching a high of 10,044.5 yuan/mt and a low of 9,930 yuan/mt, closing at 9,934.5 yuan/mt.

SMM Hot Topic on Indonesian Nickel Ore:

NICKEL ORE Indonesian Ore Supply Tightness Continues, Costs and Sentiment May Both Strengthen Under Policy Influence High-Grade NPI High-Grade NPI Cost Support Strengthens, Prices Relatively Stable with Strong Trend

LME copper opened at $9,934 last night, reaching a high of $9,986.5 during the session before fluctuating downward to hit a low of $9,906 and finally closing at $9,910. It fell $87.5 from the previous close of $9,997.5, a decline of 0.87%.