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Home / Metal News / [NPI Daily Review] High-Grade NPI Prices Remain Stable Amid Cost Support and Gradual Demand Recovery

[NPI Daily Review] High-Grade NPI Prices Remain Stable Amid Cost Support and Gradual Demand Recovery

iconAug 29, 2025 15:16
Source:SMM
[SMM Daily Review: High-Grade NPI Prices Hold Steady Amid Cost Support and Gradual Demand Recovery] August 29 (SMM) - The average price of 10-12% high-grade NPI stood at 940.5 yuan/mtu (ex-factory, tax included), unchanged from the previous trading day.

SMM News, August 29:

   On August 29, the SMM average price of 10-12% high-grade NPI stood at 940.5 yuan/mtu (ex-factory, tax included), flat from the previous working day. The market sentiment factor for high-grade NPI was 2.43, up 0.01 MoM. Recent market transactions showed increased activity, but most downstream inventories remained relatively sufficient, with no urgent procurement demand. Meanwhile, smelter cost lines continued to rise, indicating solid bottom support for high-grade NPI prices.

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

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