China's NPI Production: Physical Content Up 2.11% MoM, Metal Content Down 8.10% MoM in July 2025

Published: Jul 31, 2025 22:23

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According to SMM, in July 2025, the physical content of China's NPI production increased by 2.11% MoM, while the metal content decreased by 8.10% MoM. Meanwhile, the average grade of NPI also fell by 0.4 percentage points MoM in July.

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