[SMM Flash News] As of April 30, SMM reported that the price range for SMM 10-12% high-grade NPI (ex-factory) was 962-975 yuan/mtu, with the average price unchanged 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 unchanged from the previous working day and at a discount of 6 yuan/mtu compared to SMM 12-14% Indonesian high-grade NPI (CIF, tax included). The SMM high-grade NPI index was quoted at 971.09 yuan/mtu on the day, down 0.32 yuan/mtu from the previous working day, representing a 0.03% decline MoM from the previous working day. The SMM low-carbon high-grade NPI index was quoted at 978.6 yuan/mtu on the day, down 0.4 yuan/mtu from the previous working day.