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Home / Metal News / [NPI Daily Review] High-Grade NPI Downstream Tender Price Released, Prices Rose Supported by Procurement Information

[NPI Daily Review] High-Grade NPI Downstream Tender Price Released, Prices Rose Supported by Procurement Information

iconSep 9, 2025 17:23
[SMM Daily Review: High-Grade NPI Tender Prices Released, Supported by Procurement Information] September 9 - The average tender price for SMM 10-12% high-grade NPI stood at 950.5 yuan/mtu (ex-factory, tax included), up 5 yuan/mtu from the previous working day.

SMM September 9 news,      

   September 9 news, the SMM average price of 10-12% high-grade NPI was 950.5 yuan/mtu (ex-factory, tax included), up 5 yuan/mtu from the previous working day. The market sentiment factor for high-grade NPI stood at 2.48, up 0.01 MoM. Today, the tender prices of mainstream downstream enterprises in South China were released, accompanied by certain high-priced procurement volumes, driving market prices higher. Supply side, although auxiliary material prices declined recently, nickel ore is expected to rise, keeping cost support relatively firm. Demand side, the tender prices of mainstream downstream enterprises increased, and stainless steel consumption gradually improved, also providing upward momentum for high-grade NPI prices. Overall, high-grade NPI prices are expected to have further upside in the short term.

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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