节点：中游（冶炼、中间品）位置：中游情绪：利好参考度：6/10
印尼能源与矿产资源部将2026年镍产量配额设定为2.5亿至2.6亿吨，推动产量与国内冶炼厂产能相匹配，以支撑价格稳定。当前全球镍价维持在每吨1.7万至1.8万美元区间，高于2025年水平，该政策旨在平衡供需关系并促进下游产业增长。
为强化监管力度，政府正严格审核工作计划与预算（RKAB），仅对符合环境、技术及行政标准的企业予以批准。依据现行ȧ..25%，以助力缓解价格波动并降低生产风险。
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