In July 2022, The Base Price Of Indonesian Nickel Mine Fell 8.77% Month-on-month

On July 12, the Indonesian Ministry of Energy and Mining announced the benchmark price of nickel ore domestic trade in July (MC 35%), among which:

Ni1.7% FOB 54.53 USD/wet ton, down 5.24 USD month-on-month, up 19.42 USD year-on-year;

Ni1.8% FOB 60.94 USD/wet ton, down 5.86 USD month-on-month, up 21.70 USD year-on-year;

Ni1.9% FOB 67.71 USD/wet ton, down 6.51 USD month-on-month, up 24.12 USD year-on-year;

Ni2.0% FOB $74.84 / wet ton, down $7.19 from the previous month, up $26.65 year on year.