2026-09-16

Indonesia issued a ministerial regulation effective Friday revising the mineral benchmark price (HPM) formula to cut the minimum payable for low‑grade nickel ore. Under the new HPM, the cost of 1.2% nickel ore is roughly halved, easing margins for local processors and HPAL plants that refine low‑grade ore into EV‑battery chemicals. HPAL operators had been squeezed after sulphur reagent prices surged following the U.S.‑Iran conflict, forcing some to consider coordinated cutbacks. Large new HPAL c

Indonesia issued a ministerial regulation effective Friday revising the mineral benchmark price (HPM) formula to cut the minimum payable for low‑grade nickel ore. Under the new HPM, the cost of 1.2% nickel ore is roughly halved, easing margins for local processors and HPAL plants that refine low‑grade ore into EV‑battery chemicals. HPAL operators had been squeezed after sulphur reagent prices surged following the U.S.‑Iran conflict, forcing some to consider coordinated cutbacks. Large new HPAL capacity due this year and next could add downward pressure to nickel prices, which hit a year‑to‑date low on Wednesday; HPAL output—mixed hydroxide precipitate—can be converted into LME‑storable refined nickel.

2026-09-16

Spot gold broke above $4,340/oz, up 1.11% intraday; spot silver rose 1.7% intraday to $64.77/oz.

Spot gold broke above $4,340/oz, up 1.11% intraday; spot silver rose 1.7% intraday to $64.77/oz.

2026-09-16

ChiNext Index rose 2.0%, Shenzhen Composite Index rose 1.1%, Shanghai Composite Index rose 0.39%; more than 3,900 stocks advanced across the A-share market.

ChiNext Index rose 2.0%, Shenzhen Composite Index rose 1.1%, Shanghai Composite Index rose 0.39%; more than 3,900 stocks advanced across the A-share market.

2026-09-16

创业板指涨2%，深证成指涨1.1%，沪指涨0.39%，全市场超3900只个股上涨。

创业板指涨2%，深证成指涨1.1%，沪指涨0.39%，全市场超3900只个股上涨。

2026-09-16

Shenzhen Composite Index rises more than 1%; constituent Changxin Bochuang rises more than 14%.

Shenzhen Composite Index rises more than 1%; constituent Changxin Bochuang rises more than 14%.

2026-09-16

深证成指涨超1%；成分股中，长芯博创涨超14%。

深证成指涨超1%；成分股中，长芯博创涨超14%。