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 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.

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

China Settlement Price: Shanghai Future Exchange: Nickel: 1st Month data was reported at 117,380.000 RMB/Ton in 02 Dec 2025. This records an increase from the previous number of 117,230.000 RMB/Ton for 01 Dec 2025. China Settlement Price: Shanghai Future Exchange: Nickel: 1st Month data is updated daily, averaging 107,630.000 RMB/Ton from Mar 2015 (Median) to 02 Dec 2025, with 2599 observations. The data reached an all-time high of 263,290.000 RMB/Ton in 25 Mar 2022 and a record low of 62,400.000 RMB/Ton in 15 Feb 2016. China Settlement Price: Shanghai Future Exchange: Nickel: 1st Month data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Futures: Settlement Price: Daily.

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.

The EU nickel powder market soared to $206M in 2024, rising by 25% against the previous year. The total consumption indicated a pronounced expansion from 2012 to 2024: its value increased at an average annual rate of +2.2% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +64.1% against 2020 indices.

The Lithuanian nickel ore market soared to $25K in 2024, growing by 23% against the previous year. In general, consumption recorded prominent growth. As a result, consumption reached the peak level of $28K. From 2023 to 2024, the growth of the market remained at a somewhat lower figure.

Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

South Korea Nickel data was reported at 14,610.000 USD/Ton in 26 Nov 2025. This records a decrease from the previous number of 14,650.000 USD/Ton for 25 Nov 2025. South Korea Nickel data is updated daily, averaging 18,405.000 USD/Ton from Jul 2021 (Median) to 26 Nov 2025, with 1102 observations. The data reached an all-time high of 45,795.000 USD/Ton in 16 Mar 2022 and a record low of 13,815.000 USD/Ton in 09 Apr 2025. South Korea Nickel data remains active status in CEIC and is reported by Ministry of Trade, Industry and Energy. The data is categorized under Global Database’s South Korea – Table KR.P: Raw Material Prices.

LME Index rose to 4,700 Index Points on October 29, 2025, up 0.79% from the previous day. Over the past month, LME Index's price has risen 7.33%, and is up 13.22% compared to the same time last year, 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 December of 2025.

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

Russia Average Export Price: Non CIS: Raw Nickel data was reported at 10,137.000 USD/Ton in 2017. This records an increase from the previous number of 9,158.000 USD/Ton for 2016. Russia Average Export Price: Non CIS: Raw Nickel data is updated yearly, averaging 10,137.000 USD/Ton from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 33,836.000 USD/Ton in 2007 and a record low of 4,952.000 USD/Ton in 1993. Russia Average Export Price: Non CIS: Raw Nickel data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PC005: Average Export Price: Annual.

This address was presented at the 2007 Australian Nickel Conference held in Perth, 24-25 October 2007.

On the 16 May 2007, the price of nickel metal rose to an all-time record of US$54,200 per tonne, surpassing the previous highest price of $US23,900/t reached in 1988. The nickel price has been surging in response to strong demands, constrained supplies and low metal stockpiles, all reflecting robust worldwide economic growth and especially China's huge need for raw materials. Similar global pressures have also caused the prices of other metals, such as platinum, palladium rhodium, and copper, to rise in recent years.

Economic quantities of nickel, platinum, palladium, and rhodium are concentrated in mafic-ultramafic igneous rocks. These particular rocks are a focus for minerals exploration in Australia which has witnessed significant nickel discoveries in past exploration booms. To assist the mining industry during these buoyant times, Geoscience Australia has released a new 1:4 000 000 scale colour map 'A Synthesis of Australian Proterozoic Mafic-Ultramafic Magmatic Events. Part 2: Northern Territory and South Australia'. For the first time on a single map, the continental extent and age relationships of Proterozoic mafic and ultramafic rocks, and associated mineral deposits are shown throughout the Northern Territory and South Australia. Part 1 of this map series that summarises the Proterozoic mafic-ultramafic magmatic events of Western Australia can be found at www.ga.gov.au/minerals/research/pubs/presentations/MUM_ni_mineralisation.jsp

The major objective of this presentation is to promote the applications of the new Proterozoic mafic-ultramafic magmatic events map of the Northern Territory and South Australia.

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

In May 2025, the average nickel and lithium accumulators import price amounted to $53.5 per unit, with an increase of 25% against the previous month.

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

According to Cognitive Market Research, the Global Nickel Metal Hydride (NiMH) Battery Market Size was USD XX Billion in 2023 and is set to achieve a market size of USD XX Billion by the end of 2031 growing at a CAGR of XX% from 2024 to 2031

Based on Type, the small-sized batteries segment will dominate the global Nickel Metal Hydride (NiMH) Battery market in the year 2023. Based on type, the market is divided into small-sized, medium-sized, and large sized
Based on Application, the Automobile segment dominated the global Nickel Metal Hydride (NiMH) Battery market. Based on Application, the global Nickel Metal Hydride (NiMH) Battery market is segmented into f electrical and electronics, automobile, and consumer goods.
The Asian Pacific region accounted for the highest market share in the Global Nickel Metal Hydride (NiMH) Battery Market. 
Over the course of the projection period, North america is expected to increase at the fastest rate.

CURRENT SCENARIO OF THE NICKEL METAL HYDRIDE (NIMH) BATTERY MARKET

Key factors driving the growth of the Nickel Metal Hydride (NiMH) Battery Market

Surging demand for electric vehicles to contribute towards the market growth

The market for nickel metal hydride batteries is mostly being driven by the increase in demand for electric vehicles throughout the world. Batteries are what power electric cars, and nickel metal hydride batteries have a high specific energy, which makes them appropriate for use in EVs. The need for NiMH batteries is being driven by the global acceleration of EV adoption due to growing concerns about vehicle pollution and declining battery costs.

For instance, according to IEA, the global electric car stock surpassed 10 million in 2020, up 43% from 2019. (Source: https://www.iea.org/reports/global-ev-outlook-2021/trends-and-developments-in-electric-vehicle-markets#:~:text=Electric%20cars%20had%20a%20record,China%20as%20the%20biggest%20market&text=After%20a%20decade%20of%20rapid,representing%20a%201%25%20stock%20share.)

Electric vehicles amounted to some 14 percent of global passenger car sales in 2022, which was a rise of around 5.3 percentage points year-over-year. Electric vehicle sales have rapidly increased since 2017, when they rose above one percent of the market, and have particularly accelerated since 2020. (Source: https://www.statista.com/statistics/1371599/global-ev-market-share/)

The Asia-Pacific region was the leading market for battery-electric vehicles, propelled by the Chinese new energy vehicle market. Automakers worldwide will have to focus on clean fuel sources and sustainable supply chains. In 2020, Volkswagen started delivering its electric ID.4 model and consistently ranked among the best-selling EV brands. By 2022, the Volkswagen Group was the fourth leading EV automaker worldwide. (Source:https://www.statista.com/topics/1010/electric-mobility/#topicOverview)

NiMH batteries are used in plug-in electric cars, including the General Motors EV1, Honda EV Plus, Ford Ranger EV, and Vectrix scooter. They are also used by hybrid cars such the Honda Civic Hybrid, Ford Escape Hybrid, Chevrolet Malibu Hybrid, Toyota Prius, and Honda Insight. NiMH technology is widely used in consumer electronics rechargeable batteries. It will also be utilised in the Alstom Citadis low floor tram that Nice, France has bought, as well as in Honda's humanoid prototype robot, ASIMO. NiMH cells are not expensive, and the voltage and performance is similar to primary alkaline cells in those sizes; they can be substituted for most purposes. The ability to recharge hundreds of times can save money and resources.

According to MIT Technology Review, the company recently developed a NiMH battery with double the storage capacity of the traditional kind, comparable to Li-ion. And they hope to improve that even more, perhaps by a factor of eight. Their goal is to produce a battery with a cost of $146 per kWh, roughly half that of the cheapest Li-ion batteries. (Source:https://www.technologyreview.com/2023/01/04/1066141/whats-next-for-batteries/)

Lithium-ion batteries are lighter and more compact. But nickel-metal hydride batteries are inherently safer. Because they don’t include flammable liquids, they don’t catch fire if they overheat or are overcharged, so they don’t require the complex cooling and safety systems that Li-ion batteries do. Safety systems can add about 25 pe...

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

Russia Avg Producer Price: OKPD2: Metallurgy: Nickel: Semifinished Products data was reported at 2,054,604.440 RUB/Ton in Jan 2019. This records a decrease from the previous number of 2,286,956.520 RUB/Ton for Dec 2018. Russia Avg Producer Price: OKPD2: Metallurgy: Nickel: Semifinished Products data is updated monthly, averaging 2,119,086.240 RUB/Ton from Jan 2017 (Median) to Jan 2019, with 25 observations. The data reached an all-time high of 2,564,616.850 RUB/Ton in Nov 2018 and a record low of 1,510,632.620 RUB/Ton in Apr 2017. Russia Avg Producer Price: OKPD2: Metallurgy: Nickel: Semifinished Products data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PB018: Average Producer Price: Metallurgy.

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