SMM Flash News: High-Grade NPI Prices Rise Slightly on May 20

Published: May 21, 2025 11:31

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[SMM Flash News] As of May 20, SMM reported that the price range for SMM 10-12% high-grade NPI (ex-factory price) was 940-953 yuan/mtu, with the average price rising by 0.5 yuan/mtu from the previous working day, and trading at a premium of 1 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 940-955 yuan/mtu, with the average price rising by 0.5 yuan/mtu from the previous working day, and trading at a discount of 4 yuan/mtu to SMM 12-14% Indonesian high-grade NPI (CIF, tax included). The SMM high-grade NPI index was quoted at 950.76 yuan/mtu on the day, up 0.54 yuan/mtu from the previous working day, with a 0.06% increase WoW from the previous working day. The SMM low-carbon high-grade NPI index was quoted at 958 yuan/mtu on the day, up 0.5 yuan/mtu from the previous working day.

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