Indonesian Nickel and Cobalt Prices Decline, MHP Nickel Down $70/mt Ni, Cobalt Down $20/mt Co

Published: Aug 4, 2026 11:52

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According to SMM data, on August 4, the FOB price of Indonesian MHP nickel fell $70/mt Ni from the previous day, while the FOB price of Indonesian MHP cobalt decreased $20/mt Co. The FOB price of Indonesian high-grade nickel matte dropped $71/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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