SMM High-Grade NPI Market Sentiment Rises Slightly, Prices Remain Steady Under Pressure

Published: May 13, 2026 16:16

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[SMM Nickel Flash] On May 13, the SMM high-grade NPI market sentiment indicator was 2.85, up 0.01 MoM, the high-grade NPI upstream sentiment indicator was 3.37, up 0.01 MoM, and the high-grade NPI downstream sentiment indicator was 2.33, flat MoM. The NPI market continued to fluctuate at highs today, with the price center holding steady but under pressure.

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