【SMM Express】SMM, April 21: According to the April 18 quotes, the price range for Indonesia's local laterite nickel ore with 1.2% (delivery-to-factory price) was $24.7-25.5/wmt, with an average price of $25.1/wmt. The price range for Indonesia's local laterite nickel ore with 1.3% (delivery-to-factory price) was $25.5-26.5/wmt, with an average price of $26/wmt. The price range for Indonesia's local laterite nickel ore with 1.4% (delivery-to-factory price) was $39.5-41.5/wmt, with an average price of $40.5/wmt. Indonesia's latest PNBP royalty policy, tentatively set to take effect on the 26th, will directly increase the sales cost of nickel ore. Market feedback indicates that the policy-induced price increase for hydrometallurgical nickel ore purchases was already reflected in early April. During the transition period before the new policy's implementation on April 26, mining and smelting companies are negotiating the cost-sharing plan for the additional 4% cost.