【SMM Flash News】SMM reported on April 25 that the price range for SMM

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NewsFlash / Nickel / SMM Flash News: Prices of High-Grade NPI Decline Slightly on April 25

SMM Flash News: Prices of High-Grade NPI Decline Slightly on April 25

Apr 25, 2025 11:18

Source:SMM

【SMM Flash News】SMM reported on April 25 that the price range for SMM 10-12% high-grade NPI (ex-factory price) was 965-975 yuan/mtu, with the average price down 2 yuan/mtu from the previous working day, and a premium of 5 yuan/mtu over SMM 8-10% high-grade NPI (ex-factory price). The price range for SMM 10-12% Indonesian high-grade NPI (CIF, tax included) was 966-976 yuan/mtu, with the average price down 2 yuan/mtu from the previous working day, and a discount of 5 yuan/mtu compared to SMM 12-14% Indonesian high-grade NPI (CIF, tax included). The SMM high-grade NPI index was quoted at 972.94 yuan/mtu on the day, down 1.77 yuan/mtu from the previous working day, a decrease of 0.18% MoM. The SMM low-carbon high-grade NPI index was quoted at 980.8 yuan/mtu on the day, down 1.8 yuan/mtu from the previous working day.

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Apr 28, 2025 13:51

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Apr 28, 2025 11:51

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Apr 28, 2025 11:47

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Nickel prices fell significantly in the early period due to the reciprocal tariff policy, and spot cargo transactions of refined nickel remained at a low level [[SMM Nickel Morning Meeting Summary]]

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【SMM Analysis】Nickel prices continued to fluctuate this week, with inventory remaining at a high level.

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Apr 25, 2025 17:34

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NICKEL ORE Indonesian ore prices remained stable with a slight upward trend in pyrometallurgy, while hydrometallurgical ore prices may experience a downward adjustment. High-Grade NPI The supply-demand imbalance of high-grade NPI may emerge, and prices are likely to remain in the doldrums.

Apr 25, 2025 17:19

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Weekly Review of the Nickel Ore Market: Indonesian Ore and Pyrometallurgical Ore Remain Stable with a Slight Upward Trend, While Hydrometallurgical Ore Prices May Face a Decline

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