INI: A new suite of Indonesian nickel benchmarks
Argus started publishing the INI (Indonesian Nickel Index) — a suite of nickel prices in partnership with PT Indeks Komoditas Indonesia (PT IKI).
These new Indonesian export prices solve a number of dilemmas that have divided the nickel market in recent years — rising volumes and market share of Class II nickel; growing demand from the electric vehicle battery industry; and the eastward shift in nickel production and consumption hubs.
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As a leading authority on energy and commodity markets across the globe, Argus is uniquely positioned to provide in-depth analysis and expert thought leadership. Our white papers are carefully written by Argus specialists from across our company. Each white paper focuses on a topical theme, exploring areas such as supply and demand dynamics, price trends, trading activity, and changing regulations. We always aim to provide a balanced view, underpinned by data and insight gathered firsthand from the market.