Indonesian MHP Nickel and Cobalt FOB Prices Decline, High-Grade Nickel Matte Down Slightly

Published: Aug 20, 2026 13:35

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According to SMM data, on August 20, the FOB price of Indonesian MHP nickel fell by $89/mt Ni from the previous day, and the FOB price of Indonesian MHP cobalt fell by $490/mt Co. The FOB price of Indonesian high-grade nickel matte fell by $6/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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