ASIATODAY.ID, JAKARTA – The Indonesian nickel reference price rose 8.51% to US$ 18,962.11 per dry metric ton (dmt) in June 2024. This figure increased by US$ 967.59 per dmt compared to last May which reached US$ 17,472 .38 per day.
This increase in the reference nickel price began to occur last April, ending the downward trend since June 2023.
Even so, the reference nickel price this month is still lower than June 2023, which reached US$ 23,313 per dmt.
The government set the June reference nickel price through Minister of Energy and Mineral Resources Decree Number 131.K of 2024 concerning Reference Metal Mineral Prices and Reference Coal Prices for June 2024 which was determined on Wednesday, June 19 2024.
Reference Prices for Metal Mineral Commodities:
Cobalt: US$ 27,718.68/dmt, down 1.7% compared to last month’s US$ 28,815.95/dmt Lead: US$ 2,181.68/dmt, up 5.32% compared to last month’s US$ 2,071.55/dmt
Zinc: US$ 2,875.42/dmt, up 10.75% compared to last month’s US$ 2,596.40/dmt
Aluminium: US$ 2,539.08/dmt, up 6.22% compared to last month’s US$ 2,390.31/dmt
Copper: US$ 9,900.58/dmt, up 8.39% compared to last month’s US$ 9,134.12/dmt
Gold as an associated mineral: US$ 2,333.40/dmt, up 2.04% compared to last month’s US$ 2,286.78/troy ounce
Silver as an associated mineral: US$ 27.66/dmt, up 3.36% compared to last month’s US$ 26.76/troy ounce Pb 300
Tin Ingot: ICDX and JFX settlement price on the day of sale Pb 200
Tin Ingot: ICDX and JFX settlement price on the day of sale Pb 100
Tin Ingot: ICDX and JFX settlement price on the day of sale Pb 050
Tin Ingot: ICDX and JFX settlement price on the day of sale 4NINE
Tin Ingot: ICDX and JFX settlement price on the day of sale
Gold Metal: LBMA Gold PM Fix on sale day
Silver Metal: LBMA Silver Fix on sale day
Manganese: US$ 3.54/dmt, up compared to last month’s US$ 3.53/dmt
Laterite/Hematite/Magnet Iron Ore: US$ 1.72/dmt, up 10.97% compared to last month US$ 1.55/dmt
Chrome Ore: US$ 6.37/dmt, same price as previous month
Ilmenite Concentrate: US$ 7.51/dmt, down compared to last month’s US$ 7.56/dmt
Titanium concentrate: US$ 12.18/dmt, down compared to last month’s US$ 12.13/dmt. (ATN)
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