Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / [NPI Daily Review] Cautious Quotations Under End-User Price Pressure, High-Grade NPI Prices Continue to Decline
[NPI Daily Review] Cautious Quotations Under End-User Price Pressure, High-Grade NPI Prices Continue to Decline
Oct 16, 2025 15:19[SMM Daily Review: Cautious Offers Amid End-User Price Pressure, High-Grade NPI Prices Continue to Fall] October 16 - The average price of SMM 10-12% high-grade NPI was 938 yuan/mtu (ex-factory, tax included), down 5 yuan/mtu MoM from the previous working day.
SMM October 16 News,
On October 16, the average price of SMM 10-12% high-grade NPI was 938 yuan/mtu (ex-factory, tax included), down 5 yuan/mtu MoM from the previous working day. The market sentiment factor for high-grade NPI was 2.35, up 0.01 MoM. Supply side, upstream offers continued to weaken, with some higher-priced quotations seeing no transactions. In the declining market, some traders were eager to sell, further dragging down market offers. Demand side, stainless steel futures prices fell, and downstream enterprises' acceptance of high-grade NPI prices weakened, with the market continuing to be bearish. Overall, end-user prices weakened, and high-grade NPI production costs could no longer support prices, with high-grade NPI prices expected to gradually decline.
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- Oct16
AICE 2025 SMM (14th) Aluminum Industry Annual Conference
Oct 16 - 17,2025Zhengzhou, Henan Province
- Oct20
Li-ION BATTERY China
Oct 20 - 21,2025Xiamen, China
- Oct20
APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025
Oct 20 - 21,2025Xiamen, China
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.
