According to SMM data, on June 15, the FOB price of Indonesian MHP nickel dropped by $171/mt Ni from last Friday, the FOB price of Indonesian MHP cobalt dropped by $41/mt Co, and the FOB price of Indonesian high-grade nickel matte dropped by $171/mt Ni.

As of now, the Indonesia MHP nickel FOB price is $16,398/mt Ni, and the Indonesia MHP cobalt FOB price is $51,302/mt Co. The MHP payables (against SMM battery-grade nickel sulphate index) is 85-86, and the MHP cobalt element payable indicator (against SMM refined cobalt (Rotterdam warehouse)) is 95. The Indonesia high-grade nickel matte FOB price is $16,485/mt Ni.

Spot circulation was limited this week, with MHP and high-grade nickel matte payables fluctuating at highs.

As of now, the FOB price of Indonesian MHP nickel stands at $16,743/mt Ni, and the FOB price of Indonesian MHP cobalt is $51,343/mt Co. The MHP payables (against the SMM battery-grade nickel sulphate index) range from 83.5-85, and the cobalt payable indicator for MHP (against SMM refined cobalt, Rotterdam warehouse) is 95. The FOB price of Indonesian high-grade nickel matte is $16,831/mt Ni.

According to SMM data, on June 8, the FOB price of Indonesian MHP nickel declined $36/mt Ni from yesterday, while the FOB price of Indonesian MHP cobalt rose $0/mt Co. The FOB price of Indonesian high-grade nickel matte declined $30/mt Ni.

As of now, the FOB price of MHP nickel in Indonesia is $17,010 per mt Ni, and the FOB price of MHP cobalt in Indonesia is $51,363 per mt Co. The MHP payables (against SMM battery-grade nickel sulphate index) are 89-90, and the MHP cobalt payable indicator (against SMM refined cobalt (warehouse Rotterdam)) is 95. The FOB price of Indonesian high-grade nickel matte is $17,098 per mt Ni.