[SMM Nickel Intermediate Product Daily Review] On July 8, MHP, high-grade nickel matte nickel prices, and cobalt prices declined.

As of now, the FOB price of Indonesian MHP nickel is $14,838/mt Ni, and the FOB price of Indonesian MHP cobalt is $50,010/mt Co. The MHP payables (against SMM battery-grade nickel sulphate index) are 81.5-83, and the MHP cobalt element payable indicator (against SMM refined cobalt (Rotterdam warehouse)) is 94. The FOB price of Indonesian high-grade nickel matte is $14,964/mt Ni.