[SMM Nickel Intermediate Product Daily Review] August 26: MHP, high-grade nickel matte nickel prices rise, cobalt prices decline
As of now, the FOB price of Indonesia's MHP nickel is $14,958/mt in metal content, and the FOB price of Indonesia's MHP cobalt is $37,536/mt Co. The MHP payables (against SMM battery-grade nickel sulphate index) are 83.5-84.5, and the MHP cobalt payable indicator (against SMM refined cobalt (Rotterdam warehouse)) is 73. The FOB price of Indonesia's high-grade nickel matte is $15,589/mt Ni.