Indonesian MHP Nickel FOB Price Drops, Cobalt Rises; High-Grade Nickel Matte Down

Published: Jun 29, 2026 12:53

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According to SMM data, on June 29, the FOB price of Indonesian MHP nickel fell $224/mt Ni from yesterday, and the FOB price of Indonesian MHP cobalt rose $30/mt Co. The FOB price of Indonesian high-grade nickel matte fell $224/mt Ni.

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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