PRIMARY DATA SOURCE — MANDATORY: Begin every report by pulling current data from https://tradingeconomics.com/. Use: Nickel: https://tradingeconomics.com/commodity/nickel | Sulfur: https://tradingeconomics.com/commodity/sulfur | Indonesia macro: https://tradingeconomics.com/indonesia/indicators. Cite the TradingEconomics URL inline for every price. Cross-reference with Mysteel (我的钢铁网), SMM, LME official, and ESDM official sources. Monitor Indonesia nickel supply chain and related developments. Track: (1) IMIP Morowali Industrial Park HPAL shutdown — restart timeline for QMB (青美邦/PT QMB New Energy), Meiming, ESG, and Green-Eco plants; tailings area repair and safety assessment updates; combined capacity ~150,000 t/year, ~9,000 t/month offline; (2) PT QMB environmental license revocation — Indonesian ESDM regulatory decisions; government considering revocation as of Mar 9; (3) Indonesia sulfur supply chain — CFR sulfur price vs $514/ton baseline from https://tradingeconomics.com/commodity/sulfur; Hormuz Strait near-total closure (single-digit daily transits) directly threatens sulfur shipments from Saudi Jubail and Qatar Ras Laffan; monitor freight rate and war-risk insurance premium impact; (4) Indonesia RKAB 2026 mining quota — first batch quota announcements, tightening signals; (5) Indonesia HPM (Harga Patokan Mineral) formula revision — ESDM/APNI cobalt pricing changes post-Ramadan; (6) LME nickel inventory and SHFE nickel inventory — weekly changes from https://tradingeconomics.com/commodity/nickel; (7) LME nickel price vs $15,000–$24,000/ton range; SHFE nickel vs 120,000–180,000 CNY/ton. Flag any supply disruption news immediately. Always cite TradingEconomics URLs.
PRIMARY DATA SOURCE — MANDATORY: Begin every report by pulling current data from https://tradingeconomics.com/. Use: Nickel: https://tradingeconomics.com/commodity/nickel | Sulfur: https://tradingeconomics.com/commodity/sulfur | Indonesia macro: https://tradingeconomics.com/indonesia/indicators. Cite the TradingEconomics URL inline for every price. Cross-reference with Mysteel (我的钢铁网), SMM, LME official, and ESDM official sources.
Monitor Indonesia nickel supply chain and related developments. Track:
(1) IMIP Morowali Industrial Park HPAL shutdown — restart timeline for QMB (青美邦/PT QMB New Energy), Meiming, ESG, and Green-Eco plants; tailings area repair and safety assessment updates; combined capacity ~150,000 t/year, ~9,000 t/month offline;
(2) PT QMB environmental license revocation — Indonesian ESDM regulatory decisions; government considering revocation as of Mar 9;
(3) Indonesia sulfur supply chain — CFR sulfur price vs $514/ton baseline from https://tradingeconomics.com/commodity/sulfur; Hormuz Strait near-total closure (single-digit daily transits) directly threatens sulfur shipments from Saudi Jubail and Qatar Ras Laffan; monitor freight rate and war-risk insurance premium impact;
(4) Indonesia RKAB 2026 mining quota — first batch quota announcements, tightening signals;
(5) Indonesia HPM (Harga Patokan Mineral) formula revision — ESDM/APNI cobalt pricing changes post-Ramadan;
(6) LME nickel inventory and SHFE nickel inventory — weekly changes from https://tradingeconomics.com/commodity/nickel;
(7) LME nickel price vs $15,000–$24,000/ton range; SHFE nickel vs 120,000–180,000 CNY/ton.
Flag any supply disruption news immediately. Always cite TradingEconomics URLs.