节点：中游（冶炼、中间品）位置：中游情绪：利好参考度：4/10
印尼能源与矿产资源部（ESDM）公布2026年3月第二期镍矿基准价（HMA）为17329.23美元/干吨，较3月第一期的17103.67美元/干吨上涨225.56美元。这一价格变动反映出镍矿市场的积极动态，将直接作用于产业链上下游环节。
该基准价上调预计将提升镍矿商与冶炼厂的交易意愿，改善矿山生产利润空间，同时释放全球镍需求复苏的积极信号。作为镍矿贸易的核心参考指标，HMA的走势关联产业链..
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