SMM Nickel Flash: High-Grade NPI Prices Drop in China, Rise in Indonesia Amid Limited Trading Volume

Published: Aug 14, 2026 17:58

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[SMM Nickel Flash] The SMM average price of 10-12% high-grade NPI fell by 2.8 yuan/nickel unit WoW to 1,133 yuan/nickel unit (ex-factory, tax included), and the average Indonesia NPI FOB index price increased by $0.13/nickel unit WoW to $146.52/nickel unit. This week, the high-grade NPI spot market remained in a deadlock overall, with overall transaction volume remaining limited throughout.

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