Terms & Conditions | Privacy Policy | Mysteel.com
Events
About Us
  • Home
  • /
  • Market Insights
  • /
  • News
  • /
  • Article

Nickel Daily: The divergence in premiums between high-grade and low-grade nickel ore in Indonesia remain significant

Source: Mysteel Jun 12, 2026 09:11
Share this with
X linkedin WeChat Copy this link
Nickel Demand Price Supply
The divergence in premiums between high-grade and low-grade Indonesian domestic nickel ore remained significant. The CIF reference price for Philippine 1.3% grade ore held steady at US $48-50/wmt, remaining weak but stable overall. Several nickel pig iron smelters had cleared their inventories or were actively selling forward. Indonesian NPI smelters had sold out their June orders and were no longer offering fixed prices. Some producers offered fixed prices for July orders at Yuan 1,175/mtu (including delivery and tax). Overall, available resources in the NPI market remained tight, and holders had strong confidence in holding firm on prices.Yesterday, the most-traded SHFE nickel 2607 contract closed down 1.04% at Yuan 133,980/tonne. Spot trading for refined nickel was generally acceptable. Trader inventory levels declined overall. After the crackdown on invoicing irregularities, the accumulation of spot material and tight liquidity that had affected some traders improved notably.

0612

You May Also Like
  • Nickel Daily: The most-traded SHFE nickel contract closes down, while spot trading for refined nickel is relatively active

    Jun 11, 2026 09:07

  • Nickel Daily: Indonesia's domestic nickel ore premiums show a clear difference between high-grade and low-grade nickel ore

    Jun 10, 2026 09:02

  • Nickel Daily: Offers for refined nickel move higher in line with futures, but spot trading activity showe no notable improvement

    Jun 09, 2026 09:11

  • China Nickel Market Review Weekly 20260608

    Jun 08, 2026 09:15

  • Nickel Daily: The most-traded SHFE nickel contract comes under pressure and falls under the weakening macro sentiment and fundamental pressures

    Jun 08, 2026 09:04

Price Curve
Daily Prices
  • Nickel sulfate prices: China

    Jun 12, 2026 11:27

  • MHP seaborne cargo prices: CIF China

    Jun 12, 2026 10:53

  • Ferronickel seaborne cargo prices: China

    Jun 12, 2026 10:46

  • Nickel ore prices: China's major cities

    Jun 12, 2026 10:42

  • Nickel ore portside prices: Lanshan port

    Jun 12, 2026 10:42

Terms & Conditions Privacy Policy Contact Us Mysteel.com
©2026 Mysteel Global Pte Ltd. All rights reserved. ICP BeiAn No. 沪ICP备15006920号-6
Mysteel Global WhatsApp business account
Customer Service: globalsales@mysteel.com