SMM Flash News: Prices of High-Grade NPI Remain Stable with Minor Fluctuations

Published: May 16, 2025 13:41

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[SMM Flash News] As reported by SMM on May 16, the price range of SMM 10-12% high-grade NPI (ex-factory) was 935-948 yuan/mtu, with the average price unchanged from the previous working day and a premium of 2 yuan/mtu over SMM 8-10% high-grade NPI (ex-factory). The price range of SMM 10-12% Indonesian high-grade NPI (CIF, tax included) was 935-950 yuan/mtu, with the average price unchanged from the previous working day and 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 945.28 yuan/mtu on the day, down 0.14 yuan/mtu from the previous working day, representing a 0.01% decline MoM from the previous working day. The SMM low-carbon high-grade NPI index was quoted at 952.5 yuan/mtu on the day, down 0.2 yuan/mtu from the previous working day.

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