[SMM Nickel Intermediate Products Daily Review] On June 29, MHP and high-grade nickel matte nickel prices fell, while cobalt prices rose.
As of now, the Indonesian MHP nickel FOB price is $15,627/mt Ni, and the Indonesian MHP cobalt FOB price is $51,505/mt Co. The MHP payables (against the SMM battery-grade nickel sulphate index) is 81.5-82.5, and the MHP cobalt element payable indicator (against SMM refined cobalt, Rotterdam warehouse) is 97. The Indonesian high-grade nickel matte FOB price is $15,712/mt Ni.