【SMM Nickel News】

Published: Aug 22, 2025 11:49

Save

Most US Fed officials remain cautious about cutting interest rates. Bostic: Still expects one rate cut this year, with the labour market trend causing concern; Schmid: Inflation risks outweigh employment risks, and current policy is in the right place; Harker: Does not currently support a September rate cut; Collins: If the labour market outlook deteriorates, it may be appropriate to cut interest rates in the short term. We cannot wait for inflation to become fully clear before considering a rate cut.

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

Related News

9 mins ago

[SMM Analysis] Nickel Price Limit-Down Triggers Sell-Off, High-Grade NPI Prices Plunge at Week's Start

The average price of SMM 10-12% high-grade NPI fell 17.2 yuan/mtu WoW to 1,035.8 yuan/mtu (ex-factory, tax included), while the average Indonesian NPI FOB index price dropped $2.06/mtu WoW to $131.2/mtu. At the beginning of the week, futures hit limit-down, nickel prices fell sharply WoW, triggering low-priced sales of arbitrage materials in the market and causing a notable decline in high-grade NPI prices.

9 mins ago

24 mins ago

High-Grade NPI Prices See Slight Rebound Amid Flat Supply and Low Demand Before Holiday

[SMM Nickel Flash] February 6 - Supply side, market offers were basically flat, with the price center showing a slight increase. Demand side, there was no substantial procurement demand before the holiday, but transactions were difficult to conclude at low prices. Overall, high-grade NPI prices saw a slight rebound, and significant fluctuations are unlikely to continue before the holiday.

24 mins ago

30 mins ago

SMM High-Grade NPI Price Rises to 1,040 Yuan/mtu on Feb 6, Market Sentiment Slightly Down

[SMM Nickel Flash] On February 6, the SMM average price for 10-12% high-grade NPI was 1,040 yuan/mtu (ex-factory, tax included), up 2.5 yuan/mtu MoM from the previous working day. The market sentiment factor for high-grade NPI was 2.06, down 0.04 MoM; the upstream sentiment factor for high-grade NPI was 2.84, down 0.07 MoM; and the downstream sentiment factor for high-grade NPI was 1.28, flat MoM.

30 mins ago