Indonesian MHP Nickel and Cobalt FOB Prices Rise, High-Grade Nickel Matte Up $62/mt Ni

Published: Jun 22, 2026 12:02
According to SMM data, on June 22, the FOB price of Indonesian MHP nickel rose $61/mt Ni from the previous day, and the FOB price of Indonesian MHP cobalt rose $30/mt Co. The FOB price of Indonesian high-grade nickel matte rose $62/mt Ni.

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As of now, the FOB price of Indonesian MHP nickel is $16,387/mt Ni, and the FOB price of Indonesian MHP cobalt is $51,383/mt Co. MHP payables (against SMM battery-grade nickel sulphate index) are at 86-87, while MHP cobalt payables (against SMM refined cobalt (Rotterdam warehouse)) are at 95. The FOB price of Indonesian high-grade nickel matte stands at $16,474/mt Ni.
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