Indonesian Nickel and Cobalt Prices Surge, MHP Nickel Up $64/mt Ni

Published: Jul 16, 2026 13:28

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According to SMM data, on July 16, the FOB price of Indonesian MHP nickel rose by $64/mt Ni from the previous day, the FOB price of Indonesian MHP cobalt rose by $19/mt Co, and the FOB price of Indonesian high-grade nickel matte rose by $65/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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