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[Daily Review of NPI] High-grade NPI traded at high prices in the market; market players are watching the performance of end-users in August

iconAug 4, 2025 20:42
Source:SMM
[SMM Daily Review: High-grade NPI traded at a high price in the market, with the market watching the performance of end-users in August] On August 4, the average price of SMM 10-12% high-grade NPI was 913.5 yuan/mtu (ex-factory, tax included), up 1.5 yuan/mtu from the previous working day.

SMM reported on August 4,

       On August 4, the average price of SMM 10-12% high-grade NPI was 913.5 yuan/mtu (ex-factory, tax included), up 1.5 yuan/mtu from the previous working day. Supply side, the psychological price level for smelters to ship goods remained high this week, with only a small amount of high-priced shipments. On the consumption side, according to SMM, some traders purchased goods in advance amid a bullish sentiment, and there were some forward high-priced transactions in the market. Overall, traders achieved high-priced transactions, and the market awaited the performance of end-users and purchases by downstream enterprises in August.

 

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