Indonesian MHP Nickel Price Drops, Cobalt Steady, High-Grade Nickel Matte Falls
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![[SMM Nickel Intermediate Product Daily Review] On June 8, MHP and high-grade nickel matte prices declined.](https://imgqn.smm.cn/usercenter/vSdFt20251217171732.jpg)
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[SMM Nickel Intermediate Product Daily Review] On June 8, MHP and high-grade nickel matte prices declined.
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[SMM Nickel Intermediate Product Daily Review] On June 8, MHP and high-grade nickel matte prices declined.
As of now, the FOB price of Indonesian MHP nickel stands at $17,341/mt Ni, and Indonesian MHP cobalt at $51,393/mt Co. MHP payables (against the SMM battery-grade nickel sulphate index) are 89-90, with the MHP cobalt payable indicator (against SMM refined cobalt (Rotterdam warehouse)) at 95. The FOB price of Indonesian high-grade nickel matte is $17,430/mt Ni.
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![[SMM Ni Midday Review] On June 8, nickel prices rebounded slightly, as US May non-farm payrolls increased by 172,000, exceeding expectations.](https://imgqn.smm.cn/usercenter/CjEnN20251217171733.jpg)
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[SMM Ni Midday Review] On June 8, nickel prices rebounded slightly, as US May non-farm payrolls increased by 172,000, exceeding expectations.
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[SMM Ni Midday Review] On June 8, nickel prices rebounded slightly, as US May non-farm payrolls increased by 172,000, exceeding expectations.
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![[SMM Nickel Sulphate Daily Review] June 8 Market transactions sluggish, nickel salt prices stable](https://imgqn.smm.cn/usercenter/LNpBh20251217171732.jpeg)
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[SMM Nickel Sulphate Daily Review] June 8 Market transactions sluggish, nickel salt prices stable
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[SMM Nickel Sulphate Daily Review] June 8 Market transactions sluggish, nickel salt prices stable
On June 8, the SMM battery-grade nickel sulphate average price remained stable.
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[SMM Nickel Intermediate Product Daily Review] On June 8, MHP and high-grade nickel matte prices declined.
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[SMM Ni Midday Review] On June 8, nickel prices rebounded slightly, as US May non-farm payrolls increased by 172,000, exceeding expectations.
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[SMM Nickel Sulphate Daily Review] June 8 Market transactions sluggish, nickel salt prices stable
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