Indonesian nickel ore and NPI prices have risen strongly since start of the year2 August 2024 – Prices for nickel ore and NPI from Indonesia have risen significantly since the beginning of the year. Prices have risen by almost 50%, particularly for laterite nickel ore with a high nickel content. And a turnaround in key interest rates in London: The Bank of England (BoE) cut its key monetary policy rate by a quarter of a point to 5.0 per cent on Thursday. Source