Indonesia MHP Nickel Price Rises by $92 per Tonne, MHP Cobalt Up by $10
2026-05-07 16:46
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en.Wedoany.com Reported - According to SMM data, on May 7, the FOB price of Indonesia MHP nickel increased by $92 per tonne of nickel compared to the previous day, and the FOB price of Indonesia MHP cobalt rose by $10 per tonne of cobalt. Meanwhile, the FOB price of Indonesia high-grade nickel matte increased by $40 per tonne of nickel from the previous day. The above price changes are all based on FOB Indonesia port delivery terms.

The FOB price of Indonesia MHP nickel rose by $92 per tonne of nickel, an increase reflected in the market quotations on May 7. The FOB price of Indonesia MHP cobalt increased by $10 per tonne of cobalt, occurring on the same trading day as the MHP nickel price rise. Daily price data released by SMM shows that the FOB prices of both products recorded increases.

The FOB price of Indonesia high-grade nickel matte increased by $40 per tonne of nickel on May 7, a smaller increase compared to the $92 per tonne of nickel rise for MHP nickel over the same period. The FOB price data for the three products mentioned above are all sourced from SMM's daily quotations released on May 7. Indonesia MHP nickel rose by $92 per tonne of nickel, MHP cobalt increased by $10 per tonne of cobalt, and high-grade nickel matte went up by $40 per tonne of nickel.

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