SMM

This week, the average price of SMM 8-12% high-grade nickel pig iron (NPI) is 968.8 yuan per nickel point (including tax, ex-factory), which is an increase of 12.1 yuan per nickel point compared to last week. Meanwhile, the Indonesian NPI FOB index rose by $1.8 per nickel point from last week, indicating a continuous upward trend in high-grade NPI prices this week.