Indonesian MHP Nickel Prices Fall, Cobalt Steady, High-Grade Nickel Matte Rises

Published: May 13, 2026 14:06

Save

According to SMM data, on May 13, the FOB price of Indonesian MHP nickel fell by $106/mt Ni from the previous day, while the FOB price of Indonesian MHP cobalt rose by $0/mt Co. The FOB price of Indonesian high-grade nickel matte rose by $200/mt Ni from the previous day.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

41 mins ago

[NPI Daily Review] Supply-Demand Divergence Remains Significant, Price Center Stable but Under Pressure

[SMM Daily Comment: Supply-Demand Divergence Remained Significant, Price Center Stable but Under Pressure] May 13 — The SMM high-grade NPI upstream sentiment factor was 3.37, up 0.01 MoM, while the high-grade NPI downstream sentiment factor was 2.33, flat MoM.

41 mins ago

1 hour ago

[SMM Analysis] After Sulfur Breaks Through $1,200: How Far Is the Ceiling?

[SMM Analysis] After Sulfur Breaks Through $1,200: How Far Is the Ceiling? — The Ultimate Game Under International Supply Disruptions, Discussing China's Sulfur Policies and International Supplementary Supply Pathways

1 hour ago

2 hours ago

[SMM Nickel Intermediate Product Daily Review] May 13: MHP and High-Grade Nickel Matte Nickel Prices Declined

As of now, the FOB price of Indonesian MHP nickel was $17,422/mt Ni, and the FOB price of Indonesian MHP cobalt was $51,291/mt Co. MHP payables (against SMM battery-grade nickel sulphate index) were 90.5-91.5, and MHP cobalt element payable indicator (against SMM refined cobalt (Rotterdam warehouse)) was 94. The FOB price of Indonesian high-grade nickel matte was $17,725/mt Ni.

2 hours ago