Philippine medium-to-high grade ore prices remained low and stable. CIF Lianyungang offers for 1.3% grade stood at US $47/wmt, and 1.4% grade at US $57/wmt, with prices holding steady during the week. In the Indonesian domestic ore market, continued downward adjustments in the HMA reference price pulled the price centre further lower. The benchmark price for Ni:1.6% saprolite ore fell to US $63.06/wmt, and domestic ore premiums had approached the floor. On the policy front, ESDM clarified that RKAB supplementary quotas would only be used to meet the operational needs of smelters facing supply shortages and would not be significantly increased. The market's earlier expectations of looser supply failed to materialise, and expectations of tightening supply on the mining side supported nickel prices.The midpoint price for battery-grade nickel sulfate crystals stood at Yuan 31,850/tonne, up Yuan 50 from the previous week.