SMM High-Grade NPI Sentiment Factor Remains Stable, Downstream Slightly Up in September

Published: Sep 10, 2026 16:52 (GMT+8)

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[SMM Nickel Flash] September 10 - SMM high-grade NPI market sentiment factor stood at 1.74, flat MoM. The upstream sentiment factor for high-grade NPI was 1.83, flat MoM, while the downstream sentiment factor for high-grade NPI was 1.66, up 0.01 MoM.

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