In the Philippines, rainfall in the Surigao region has begun to decrease, and the area should normally be entering its shipping cycle. However, due to the significant recent increases in charter rates and oil prices, shipowners' willingness to secure vessels has declined. Currently, freight rates from Surigao to Lianyungang are approximately US $16-17/wmt, with quotes reaching US $18-20/wmt. Mine tender prices continued to climb. Benguet's tender for 1.3% grade ore concluded yesterday at US $54/wmt (FOB), another US $2 increase from last week, continuously strengthening cost-side support. In Indonesia, prices for hydrometallurgical nickel ore continued to rise, with premiums for domestic hydrometallurgical ore reaching US $30-32/wmt and premiums for outer islands rising to US $35-37/wmt, significantly higher than previous levels.