Tag: BINFW

Global: LME nickel prices rebound in Q1CY’26 as Indonesian curbs tighten supply outlook

May 7, 2026

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by

Manya Dewangan

in Nickel

Indonesian production quota cuts, revised ore pricing mechanisms lift prices 32,000-t deficit expected in 2026 against earlier forecast surplus of 261,000 t London Metal Exchange (LME) nickel staged a strong recovery in Q1CY’26 after opening the year near multi-year lows, with a price jump driven by tightening supply expectations, Indonesia’s mining restrictions, and improving sentiment…