Dear SMM Users,
Indonesia is the world's core production base for high-grade nickel matte, which has become a key feedstock for China's electrowon nickel and nickel sulphate. The supply-demand gap of high-grade matte directly influences the matte-to-LME coefficient and downstream smelting costs. Indonesia's high-grade matte supply-demand balance by flow provides an important reference for assessing periodic tightness in intermediates, inventory shifts along the industry chain, and the pace of conversion between low-grade and high-grade matte.
To further enhance market transparency and help industry participants promptly track changes in Indonesia's high-grade matte supply-demand landscape, SMM officially launched the Indonesia high-grade nickel matte supply demand balance data points on August 14, 2026, covering four demand flows: China, Indonesia, Japan, and other countries.
I. Data Names
Indonesia High-Grade Nickel Matte Supply Demand Balance: Monthly
- SMM: Indonesia High-Grade Nickel Matte Supply Demand Balance: Supply: Monthly
- SMM: Indonesia High-Grade Nickel Matte Supply Demand Balance: China Demand: Monthly
- SMM: Indonesia High-Grade Nickel Matte Supply Demand Balance: Indonesia Demand: Monthly
- SMM: Indonesia High-Grade Nickel Matte Supply Demand Balance: Japan Demand: Monthly
- SMM: Indonesia High-Grade Nickel Matte Supply Demand Balance: Other Countries Demand: Monthly
- SMM: Indonesia High-Grade Nickel Matte Supply Demand Balance: Total Demand: Monthly
- SMM: Indonesia High-Grade Nickel Matte Supply Demand Balance: Balance: Monthly
II. Release Frequency and Timing
- Update frequency: Monthly
- Release time: Updated by 19:00 on the last working day of the following month for the prior month's data; first release on August 14, 2026
If you have any questions or suggestions, please feel free to contact us.
SMM Nickel Research Team
August 14, 2026