SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance CentreAnnouncements
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceCokeCoalPig IronSteel BilletFinished Steel
New Energy
New Energy
SolarLithiumCobaltCathode MaterialPhosphorusCarbon AnodeSeparatorElectrolyteBattery Cell And ModuleBattery RecyclingNickel And ManganeseOther MaterialsSodium-ion BatteryHydrogen Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / [NPI Daily Review] High-Grade NPI Tender Price Supports the Market, Yet Most Downstream Buyers Show Insufficient Purchase Willingness

[NPI Daily Review] High-Grade NPI Tender Price Supports the Market, Yet Most Downstream Buyers Show Insufficient Purchase Willingness

iconSep 10, 2025 18:42
[SMM Daily Review: High-Grade NPI Tender Price Supports Market, Yet Most Downstream Buyers Show Insufficient Purchase Willingness] September 10 (SMM) - The average price of 10-12% high-grade NPI was 952.5 yuan/mtu (ex-factory, tax included), up 2 yuan/mtu from the previous trading day.

SMM September 10 -

   On September 10, the SMM average price of 10-12% high-grade NPI was 952.5 yuan/mtu (ex-factory, tax included), up 2 yuan/mtu from the previous working day. The market sentiment factor for high-grade NPI was 2.48, flat MoM. Tender prices from mainstream downstream enterprises in South China were released, accompanied by certain high-priced procurement volumes, driving market prices upward. Supply side, although auxiliary material prices have recently declined, nickel ore is expected to rise, and cost support remains relatively firm. Demand side, tender prices from mainstream downstream enterprises have increased, stainless steel consumption is gradually improving, which also supports high-grade NPI prices. However, as most downstream enterprises currently lack purchase willingness, the pace of price increases has slowed. 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.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All
MOST POPULAR
1.Benchmarking Analysis Of the Development  Direction Of MHP And Nickel Matte
2.Technical Due Diligence Survey Of Nickel Product Unit
3.Long-term Price Forecast Of Nickel Industry
4.Feasibility Study Of Nickel Industry Investment
5.Indonesia Ni Industry Analysis
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.