SMM Flash News: High-Grade NPI Prices Decline Slightly on May 14

Published: May 14, 2025 11:21

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[SMM Flash News] As of May 14, SMM reported that the price range for SMM 10-12% high-grade NPI (ex-factory) was 935-948 yuan/mtu, with the average price decreasing by 1 yuan/mtu from the previous working day, and trading at a premium of 2 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 935-950 yuan/mtu, with the average price decreasing by 1 yuan/mtu from the previous working day, and trading at a discount of 4.5 yuan/mtu compared to SMM 12-14% Indonesian high-grade NPI (CIF, tax included). The SMM high-grade NPI index was quoted at 945.55 yuan/mtu on the day, down 0.95 yuan/mtu from the previous working day, representing a 0.1% decrease MoM from the previous working day. The SMM low-carbon high-grade NPI index was quoted at 952.8 yuan/mtu on the day, down 0.9 yuan/mtu from the previous working day.

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