节点：中游（冶炼、中间品）位置：中游情绪：利空参考度：4/10
印尼能源与矿产资源部（ESDM）计划于2026年春季推出修订后的镍矿基准价格（HPM）公式，核心调整为显著提高镍矿价格计算所用的调整系数。此外，钴、铁、铬等伴生元素将首次纳入定价公式，该变动将提升所有品级镍矿的基准价格。
用于湿法冶金加工的低品位红土镍矿预计价格涨幅更大，将推高火法与湿法精炼的生产成本，进而导致不锈钢、新能源...
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