Tag: Nornickel supply forecast

LME nickel prices rise as Indonesia plans steep supply cuts for 2026

Dec 20, 2025

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by

Manya Dewangan

in Nickel

Indonesia proposes 34% cut in nickel ore output APNI plans export diversification away from China Benchmark nickel prices on the London Metal Exchange (LME) rose 1.5% to close at $14,803/t in the week ended 19 December, boosted by news of cuts in ore production for 2026 from Indonesia, the world’s largest nickel producer. Prices were…