Nickel fell to 14,879.88 USD/T on December 3, 2025, down 0.20% from the previous day. Over the past month, Nickel's price has fallen 1.20%, and is down 7.47% 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 December of 2025.

In 2023, overseas purchases of unwrought nickel decreased by -4% to 32K tons, falling for the second year in a row after two years of growth.

In May 2024, the price of one metric ton of nickel stood at some ********* U.S. dollars. In comparison, in December 2016, the price of nickel was just below ****** U.S. dollars per metric ton. Thus, the nickel price has increased considerably in recent years, though it continuously fluctuates. In the beginning of 2022, however, the price of nickel skyrocketed due to disruptions to supply chains and a wide scarcity of raw materials and metals. Overview of nickel Discovered in 1751, nickel is a base metal with a silvery-white lustrous appearance that has a slightly golden tinge. The metal is crucial for many global industries, especially, for example, for the production of stainless-steel. Nickel is highly corrosion-resistant and is used to plate other metals in order to protect them. Because of these useful traits, nickel is used in more than ******* products worldwide, spanning from architectural, industrial, military, transportation and aerospace, marine, currency, and consumer applications. Nickel price dynamics Though nickel is the fifth most abundant element found on Earth, as with any commodity, the price of nickel can vary widely depending on global market conditions. Following the collapse of the Soviet Union, exports of nickel increased dramatically, dropping the price of nickel in the mid-1990s to below production costs. Nickel production in the Western Hemisphere was reduced during that period. Prices then increased again, up to a high of ****** U.S. dollars per metric ton in May 2007. Since then, nickel prices have decreased, and have remained between a low of ***** U.S. dollars per metric ton and a high of ****** U.S. dollars per metric ton between 2016 and 2021. It is forecast that the price of nickel will amount to more than ****** U.S. dollars per metric ton in 2025.

In 2021, the Indian nickel market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, the total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

In recent years, nickel prices have hit some of their all-time highest numbers, at an average of almost 26,000 U.S. dollars per metric ton throughout 2022. This was driven by a large spike in prices at the end of that year, where they peaked at 31,275 U.S. dollars per ton in mid-November. The recent surge in nickel prices has been driven by several factors, including disruptions to Russia's (the world's third-largest nickel producer) export industry following its invasion of Ukraine. Additionally, demand for nickel has grown alongside the growth of lithium-ion battery production, driven by the growth of the electronic car market. However, these recent peaks are still well below the all-time annual high of more than 37,000 U.S. dollars in 2007, where low international supply coupled with high demand from China's stainless-steel manufacturing industries caused prices to soar.

In February 2023, the nickel price amounted to $29,090 per ton (CIF, India), growing by 7.3% against the previous month.

View monthly updates and historical trends for Nickel Price. Source: World Bank. Track economic data with YCharts analytics.

Get the latest insights on Nickel's price movement and trend analysis in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

This dataset contains historical price data for seven essential metals traded on the Multi Commodity Exchange (MCX) India: Gold, Silver, Lead, Zinc, Copper, Nickel, and Aluminum. The data is meticulously collected to support prediction models, trend analysis, and statistical exploration of metal price movements.

The dataset includes: - Daily price data for 7 metals - Open price, high/low values, and closing prices - Data across multiple periods, useful for preliminary exploration, model training, and analysis

Description for each column in the dataset: 1. Date: The date on which the market data was recorded (format: DD-MM-YYYY). 2. Price: The closing price of Copper on the given date, reflecting the last traded price of the day. 3. Open: The opening price of Copper at the start of trading on the given date. 4. High: The highest price Copper reached during the trading day. 5. Low: The lowest price Copper traded at during the day. 6. Vol. (Volume): The total volume of Copper traded on the given day, typically in thousands (K). 7. Change %: The percentage change in the closing price from the previous trading day.

The Indian nickel ore market fell slightly to $3.5M in 2024, remaining stable against the previous year. In general, consumption showed a deep contraction. Nickel ore consumption peaked at $368M in 2015; however, from 2016 to 2024, consumption remained at a lower figure.

Access updated Nickel import data India with HS Code, price, importers list, Indian ports, exporting countries, and verified Nickel buyers in India.

Access updated Nickel Strip import data India with HS Code, price, importers list, Indian ports, exporting countries, and verified Nickel Strip buyers in India.

In 2023, after three years of growth, there was significant decline in supplies from abroad of nickel powders and flakes, when their volume decreased by -25.9% to 608 tons.

In September 2022, the nickel powder price amounted to $25.3 per kg (CIF, India), with a decrease of -49.9% against the previous month.

2049 Global import shipment records of Nickel Battery with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The Indian nickel powder market skyrocketed to $11M in 2024, picking up by 48% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a measured expansion. As a result, consumption reached the peak level of $22M. From 2023 to 2024, the growth of the market remained at a lower figure.

Access updated Nickel Catalyst import data India with HS Code, price, importers list, Indian ports, exporting countries, and verified Nickel Catalyst buyers in India.

Access updated Nickel Silver Wire import data India with HS Code, price, importers list, Indian ports, exporting countries, and verified Nickel Silver Wire buyers in India.

1013811 Global import shipment records of Nickel,silver,wire with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Cobalt traded flat at 48,570 USD/T on November 27, 2025. Over the past month, Cobalt's price has remained flat, but it is still 99.88% 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 December of 2025.