Indonesian Nickel and Cobalt Prices Drop on May 19 Amid Global Market Fluctuations

Published: May 19, 2026 11:45
According to SMM data, on May 19, the FOB price of Indonesian MHP nickel fell by $122/mt Ni from the previous day, and the FOB price of Indonesian MHP cobalt fell by $1/mt Co. The FOB price of Indonesian high-grade nickel matte fell by $217/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.

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