Nickel fell to 15,085 USD/T on July 30, 2025, down 1.57% from the previous day. Over the past month, Nickel's price has fallen 0.69%, and is down 9.15% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - values, historical data, forecasts and news - updated on July of 2025.

The Shanghai Futures Exchange is set to open its nickel futures to foreign investors, enhancing global presence and offering an alternative to the LME contract.

Investing in nickel mining stocks, ETFs, and futures contracts. Factors influencing nickel price, demand, and market dynamics. Research and industry knowledge essential for successful nickel investments.

Cobalt traded flat at 33,335 USD/T on July 24, 2025. Over the past month, Cobalt's price has remained flat, but it is still 25.20% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cobalt - values, historical data, forecasts and news - updated on July of 2025.

Battery Metal Futures Trading Market Outlook

According to our latest research, the global Battery Metal Futures Trading market size reached USD 22.4 billion in 2024, reflecting the increasing demand for critical battery materials across multiple industries. The market is projected to grow at a robust CAGR of 12.8% during the forecast period, reaching an estimated USD 66.1 billion by 2033. This significant growth is primarily driven by the accelerated adoption of electric vehicles, expansion of renewable energy storage solutions, and heightened focus on supply chain security for strategic battery metals.

One of the primary growth factors for the Battery Metal Futures Trading market is the surging global demand for electric vehicles (EVs), which directly impacts the need for key battery metals such as lithium, cobalt, nickel, and graphite. As governments worldwide set ambitious targets for EV adoption and carbon neutrality, automakers are scaling up battery production capacities, driving up the consumption of these metals. Futures trading in battery metals has emerged as a crucial financial instrument, helping companies hedge against price volatility and secure long-term supply contracts. The growing sophistication of trading platforms and the introduction of new financial products tailored to battery metals are further fueling market expansion, providing greater transparency and liquidity for stakeholders across the value chain.

Another vital driver is the increasing integration of renewable energy sources like solar and wind, which necessitates advanced energy storage solutions. Battery storage systems, essential for grid stability and energy management, rely heavily on metals such as lithium and manganese. As energy storage projects proliferate, utilities and energy companies are leveraging battery metal futures contracts to manage procurement costs and mitigate supply risks. The entry of institutional investors and commodity trading houses into this market is also boosting trading volumes and fostering innovation in contract structures. This heightened participation is expected to enhance market maturity, attract new entrants, and drive further standardization of trading practices.

Additionally, the focus on supply chain resilience and ethical sourcing is prompting end-users, particularly in the automotive and electronics sectors, to secure long-term access to battery metals. Futures trading enables companies to lock in prices and ensure stable supply, reducing exposure to geopolitical uncertainties and regulatory fluctuations. The growing digitization of trading platforms, coupled with real-time data analytics and risk management tools, is making battery metal futures trading more accessible to a broader range of participants. As regulatory frameworks evolve and cross-border trading becomes more streamlined, the market is poised for sustained growth and increased globalization.

From a regional perspective, Asia Pacific continues to dominate the Battery Metal Futures Trading market, accounting for the largest share in 2024, followed by North America and Europe. The region’s leadership can be attributed to its robust manufacturing base, particularly in China, South Korea, and Japan, which are home to major battery producers and EV manufacturers. North America and Europe are witnessing rapid growth, driven by policy support, technological advancements, and significant investments in battery gigafactories. Meanwhile, Latin America and the Middle East & Africa are emerging as important suppliers of raw materials, further integrating into the global trading ecosystem. This dynamic regional interplay is shaping the competitive landscape and influencing market dynamics worldwide.

Metal Type Analysis

The battery metal futures trading market is segmented by metal type, including lithium, cobalt, nickel, graphite, manganese, and others. Among these, lithium remains the most actively traded metal, owing to its critical role in lithium-ion battery technologies that power electric vehicles and energy storage syste

LME Index fell to 4,171.30 Index Points on July 30, 2025, down 0.88% from the previous day. Over the past month, LME Index's price has fallen 1.61%, but it is still 6.38% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on July of 2025.

Battery Contract Manufacturing Market Outlook

The global battery contract manufacturing market size is projected to grow significantly from USD 25 billion in 2023 to USD 50 billion by 2032, reflecting a compound annual growth rate (CAGR) of approximately 8%. This robust growth can be attributed to the increasing demand for battery-powered applications across various sectors, including automotive, consumer electronics, and energy storage systems.

One of the primary growth factors driving the battery contract manufacturing market is the rapid adoption of electric vehicles (EVs). Governments worldwide are implementing stringent emission regulations and providing incentives to encourage the use of EVs, which in turn is fueling the demand for high-performance batteries. Additionally, advancements in battery technology, such as the development of solid-state batteries, are expected to further propel market growth by offering higher energy densities and improved safety features.

Another significant growth driver is the increasing use of renewable energy sources. As the world shifts towards cleaner energy solutions, the need for efficient energy storage systems is rising. Batteries play a crucial role in storing energy generated from renewable sources like solar and wind, ensuring a stable and reliable power supply. This growing emphasis on renewable energy is anticipated to boost the demand for battery contract manufacturing services.

The consumer electronics sector is also contributing to the market's growth. With the proliferation of smartphones, laptops, wearable devices, and other portable electronics, the demand for compact, long-lasting batteries is on the rise. Manufacturers are increasingly outsourcing battery production to contract manufacturers to meet this demand efficiently while focusing on their core competencies. This trend is expected to continue, driving the battery contract manufacturing market forward.

Regionally, Asia Pacific is poised to dominate the battery contract manufacturing market, primarily due to the presence of major battery manufacturers and the expanding automotive and electronics industries in countries like China, Japan, and South Korea. North America and Europe are also expected to witness significant growth, driven by the increasing adoption of EVs and renewable energy initiatives. Latin America and the Middle East & Africa are projected to experience moderate growth, supported by the gradual shift towards cleaner energy solutions.

Battery Type Analysis

The battery contract manufacturing market can be segmented by battery type, including Lithium-ion, Lead-acid, Nickel-cadmium, Nickel-metal Hydride, and Others. Lithium-ion batteries currently dominate the market, owing to their high energy density, long cycle life, and widespread applications in electric vehicles, consumer electronics, and energy storage systems. The growing demand for lightweight and efficient batteries in these sectors is expected to sustain the dominance of lithium-ion batteries in the foreseeable future.

Lead-acid batteries, despite being one of the oldest battery technologies, continue to hold a significant market share. Their low cost, reliability, and suitability for high-power applications make them a preferred choice in industrial applications and backup power systems. However, the environmental concerns associated with lead-acid batteries and the emergence of more efficient alternatives are expected to limit their growth.

Nickel-cadmium batteries, known for their durability and ability to perform well under extreme temperatures, are primarily used in industrial applications and emergency power supplies. However, their usage is declining due to the toxicity of cadmium and the availability of more environmentally friendly options like nickel-metal hydride batteries. Nickel-metal hydride batteries, which offer a higher energy density and are less harmful to the environment, are gaining traction in consumer electronics and hybrid vehicles.

The "Others" category includes emerging and niche battery technologies like solid-state, flow, and sodium-ion batteries. These technologies are still in the developmental or early commercialization stages but hold significant potential for future applications. Solid-state batteries, in particular, are attracting attention for their superior safety and energy density, which could revolutionize the battery industry in the coming years.

Report Scope

Molybdenum rose to 498 CNY/Kg on July 31, 2025, up 3.11% from the previous day. Over the past month, Molybdenum's price has risen 13.96%, and is up 3.75% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Molybdenum - values, historical data, forecasts and news - updated on July of 2025.

Lean Hogs fell to 106.85 USd/Lbs on July 30, 2025, down 0.37% from the previous day. Over the past month, Lean Hogs's price has fallen 1.97%, but it is still 15.80% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lean Hogs - values, historical data, forecasts and news - updated on July of 2025.