Macro reform is expected to boost the market price of NPI

Published: Jul 23, 2025 16:41
According to SMM, under the expectation of macro supply-side reform, the previous pessimism in the NPI market has been somewhat alleviated, with some traders engaging in stockpiling behavior. Both the selling and buying sentiments in the market have improved to a certain extent. Prices continued to rise and test higher levels during the week, with the center of quoted prices moving upward.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn