The Indonesia Nickel Miners Association (APNI) has announced the domestic benchmark prices for nickel ore for the second half of July 2025. The reference price was set at $14,926.00/wmt, down slightly by 0.11% from the first period of July ($14,942.67/wmt).
Detailed FOB prices by grade (Ni content 35% moisture):
Ni 1.6%: $26.39/wmt, up $0.03 from July (Period I)
Ni 1.7%: $29.69/wmt, up $0.03 from July (Period I)
Ni 1.8%: $33.18/wmt, up $0.04 from July (Period I)
Ni 1.9%: $36.87/wmt, up $0.04 from July (Period I)
Ni 2.0%: $40.75/wmt, up $0.05 from July (Period I)
Written by Cora Ji, jiruyan@mysteel.com
