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] Transaction Center Continues to Rise, High-Grade NPI Prices Supported
[NPI Daily Review] Transaction Center Continues to Rise, High-Grade NPI Prices Supported
Dec 24, 2025 11:25[SMM Daily Review: Transaction Center Continues to Rise, High-Grade NPI Prices Supported] Dec. 24 (SMM) – The average price of SMM 10-12% high-grade NPI was 893 yuan/mtu (ex-factory, tax included), up 4 yuan/mtu MoM from the previous working day.
SMM December 24 News,
On December 24, the average price of SMM 10-12% high-grade NPI was 893 yuan/mtu (ex-factory, tax included), up 4 yuan/mtu MoM from the previous working day. The market sentiment factor for high-grade NPI was 1.64, up 0.02 MoM. Supply side, market sentiment continued to improve, driven by nickel prices and stainless steel prices, some upstream iron plants sold at high prices. Demand side, although leading stainless steel mills have no new purchase plans for the time being, there is some pre-Chinese New Year stockpiling and post-holiday bullish demand being released early in the market, some traders actively purchased, while individual steel mills had small-scale rigid demand restocking, overall price center rose. Overall, market sentiment improved significantly, upstream actively held prices firm, and high-grade NPI prices continued to rise.
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- Mar25
2026 SMM (21th) Lead & Zinc Conference and Industry Expo
Mar 25 - 27,2026Chengdu, China
- Apr06
NET ZERO MEA Solar & Energy Storage Summit
Apr 06 - 07,2026Join us in Dubai to forge the partnerships that will power our future.DUBAI, UAE
- Apr08
CLNB 2026 - The 11th New Energy Industry Chain Expo
Apr 08 - 10,2026Suzhou,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.
