Rolls of nickel sheet inside the factory or warehouse.

Nickel Prices

Nickel prices averaged USD 16,168 per metric ton in September, down 0.8% from August. On 30 September, the commodity traded at USD 17,266 per metric ton, up 4.4% from 30 August.

In September, prices averaged marginally below August levels amid abundant supply but trended upwards throughout the month. Prices rose in mid-September when Russian President Vladimir Putin hinted at nickel export curbs. The rally was then sustained by bullish demand-side developments: The ECB cut rates further, the Fed kicked off its monetary policy easing cycle, and China deployed multiple stimulus policies.

This chart displays Nickel (US$/mt) from 2022 to 2024.

Nickel LME (prices in US$/mt, aop)

Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Nickel LME 26,033 22,333 20,396 17,257 16,600 18,448 16,271 -

Free sample report

Price forecasts and historical data for Nickel.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest