Импорт высокосортного NPI Китаем достиг нового минимума в июле 2026 года, снижаясь третий месяц подряд.

DAILY PRICE UPDATE Daily Price Update — August 21, 2026 Indonesian nickel ore CIF average prices increased across all three grades, with the strongest gain recorded for 1.6% Ni ore. • 1.4% Ni: CIF average price stayed the same $53.3/wmt. • 1.5% Ni: CIF average price stayed the same $60.8/wmt, • 1.6% Ni: CIF average price stayed the same $65.8/wmt, • Premium: Market players verified that the premium remained stable compared with the first half of August, with no significant change in the prevailing premium level. =================================================================== Indonesia Latest Policy Update — August 19, 2026 Indonesia’s planned Mineral and Strategic Commodities Exchange remains the main recent policy development relevant to nickel. The government said the exchange is expected to cover nickel, coal and palm oil, with operations targeted for January 1, 2027, aiming to establish domestic reference prices for strategic commodities. • Nickel impact: The exchange could strengthen Indonesia’s influence over nickel price formation and domestic benchmarks, potentially giving Indonesian prices a greater role in the international market. • Latest development: State Secretary Minister Prasetyo Hadi said on August 17 that preparations are underway for the exchange, tentatively referred to as Icomex. Morowali, Central Sulawesi: August is generally a relatively favorable period, and the current forecast indicates minimal rainfall, so mining, hauling and port operations should remain largely normal. • Indonesia: ESDM has begun approving revised 2026 RKAB applications, with some previously suspended nickel miners allowed to resume operations. The additional nickel ore quota remains undisclosed, leaving the supply impact unclear. The revision is expected to focus on addressing smelter ore shortages rather than broadly increasing mining quotas. • Halmahera: Higher seasonal rainfall risk than Morowali. Halmahera has a humid climate even in August, with rainfall occurring on many days. However, the current weekly forecast indicates limited rainfall, so no major disruption is expected this week. • Therefore, for Indonesia, Halmahera is the region to watch for rain, rather than Morowali.

[SMM Nickel Flash] This week, most high-grade NPI suppliers showed little willingness to sell at low prices. Meanwhile, some suppliers held expectations for the forward market in September and were unwilling to significantly lower their quotations. However, as the market weakened, the overall center of suppliers’ quotations also shifted down to some extent.

[SMM Никелевая сводка] Средняя цена SMM на высокосортный NPI (10-12% Ni) снизилась на 5,6 юаня за единицу никеля по сравнению с прошлой неделей до 1127,4 юаня за единицу никеля (на условиях франко-завод, с учетом НДС), а среднее значение индекса FOB на NPI из Индонезии снизилось на 0,61 доллара за единицу никеля по сравнению с прошлой неделей до 145,91 доллара за единицу никеля. Торговая активность на спотовом рынке высокосортного NPI на этой неделе оставалась сдержанной, рыночная активность была недостаточной, и рынок сохранял сценарий игры под давлением.