SMM Flash News: High-Grade NPI Prices Decline Slightly on April 28

Published: Apr 28, 2025 10:59

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[SMM Flash News] As of April 28, the price range for SMM 10-12% high-grade NPI (ex-factory) was 962-975 yuan/mtu, with the average price down 1.5 yuan/mtu from the previous working day, and at a premium of 5 yuan/mtu over SMM 8-10% high-grade NPI (ex-factory). The price range for SMM 10-12% Indonesian high-grade NPI (CIF, tax included) was 963-975 yuan/mtu, with the average price down 2 yuan/mtu from the previous working day, and at a discount of 6 yuan/mtu to SMM 12-14% Indonesian high-grade NPI (CIF, tax included). The SMM high-grade NPI index was quoted at 971.66 yuan/mtu on the day, down 1.28 yuan/mtu from the previous working day, representing a 0.13% decline MoM from the previous working day. The SMM low-carbon high-grade NPI index was quoted at 979.5 yuan/mtu on the day, down 1.3 yuan/mtu from the previous working day.

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