Dear Users,
On January 3, 2025, SMM officially launched the weekly prices for Indonesian domestic trade laterite nickel ore: Indonesian domestic trade laterite nickel ore 1.2% (FOB) and Indonesian domestic trade laterite nickel ore 1.6% (FOB)! As of January 3, 2025, the price for Indonesian domestic trade laterite nickel ore 1.2% (FOB) is 16-18USD/wmt, and the price for Indonesian domestic trade laterite nickel ore 1.6% (FOB) is 36-37USD/wmt, remaining stable WoW.
Nickel Division, Industry Research, Shanghai Metals Market
January 3, 2025

![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)
