SMM Battery-Grade Nickel Sulphate Price Drops by 250 Yuan/MT on August 19
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Indonesian MHP Nickel Price Rises, Cobalt and High-Grade Nickel Matte Prices Fall
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According to SMM data, on August 19, the FOB price of Indonesian MHP nickel rose by $18/mt Ni from the previous day, while the Indonesian MHP cobalt FOB price fell by $473/mt Co. The Indonesian high-grade nickel matte FOB price fell by $19/mt Ni.
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![[SMM Nickel Intermediate Products Daily Review] August 19: MHP and High-Grade Nickel Matte Nickel Prices Rose, Cobalt Prices Fell](https://imgqn.smm.cn/usercenter/OjGlE20251217171734.jpg)
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[SMM Nickel Intermediate Products Daily Review] August 19: MHP and High-Grade Nickel Matte Nickel Prices Rose, Cobalt Prices Fell
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[SMM Nickel Intermediate Products Daily Review] August 19: MHP and High-Grade Nickel Matte Nickel Prices Rose, Cobalt Prices Fell
As of now, the FOB price of Indonesian MHP nickel is $14,945/mt Ni, and the FOB price of Indonesian MHP cobalt is $41,267/mt Co. The MHP payables (against the SMM battery-grade nickel sulphate index) is 83-84.5, and the MHP cobalt element payable indicator (against SMM refined cobalt (Rotterdam warehouse)) is 80. The FOB price of Indonesian high-grade nickel matte is $15,490/mt Ni.
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![[SMM Nickel Midday Commentary] Nickel prices edged down on August 19, and the 10-year U.S. Treasury yield hit a record high.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)
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[SMM Nickel Midday Commentary] Nickel prices edged down on August 19, and the 10-year U.S. Treasury yield hit a record high.
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[SMM Nickel Midday Commentary] Nickel prices edged down on August 19, and the 10-year U.S. Treasury yield hit a record high.
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