The Indonesia Nickel Miners Association (APNI) has announced the domestic benchmark prices for nickel ore for the second half of August 2025. The reference price was set at $15,012.67/wmt, decreasing by 0.1% from the first period of August ($15,028.33/wmt).
Detailed FOB prices by grade (Ni content 35% moisture):
Ni 1.6%: $26.54/wmt, down $0.03 from August (Period II)
Ni 1.7%: $29.86/wmt, down $0.03 from August (Period II)
Ni 1.8%: $33.37/wmt, down $0.03 from August (Period II)
Ni 1.9%: $37.08/wmt, down $0.04 from August (Period II)
Ni 2.0%: $40.98/wmt, down $0.04 from August (Period II)
Written by Cora Ji, jiruyan@mysteel.com
