PT PAM Mineral is trading at IDR 340.00, down 6.08%, with no clear company-specific announcement explaining the October 12 move.
- Nickel prices fell 7.85% in a month to US$15,550 per ton by October 8.
- Analysts cited global oversupply and slow Chinese recovery as pressures on nickel producersβ margins and revenue. This is a plausible sector headwind, not a confirmed cause of the October 12 decline.