The Indonesian Nickel Miners Association (APNI) announced the domestic benchmark prices for nickel ore for December 2025 (Period II). The reference price for December (Period II) is set at US $14,599.33/wmt, down 0..46% from the December (Period I) reference price of US $14,666.67/wmt.
Detailed FOB prices by grade (Ni content 35% moisture):
NI 1.6%: US $25.81/wmt, up US $0.12 from December (Period I)
NI 1.7%: US $29.04/wmt, up US $0.13 from December (Period I)
NI 1.8%: US $32.45/wmt, up US $0.15 from December (Period I)
NI 1.9%: US $36.06/wmt, up US $0.17 from December (Period I)
NI 2.0%: US $39.86/wmt, up US $0.18 from December (Period I)
Written by Cora Ji, jiruyan@mysteel.com
