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.

This statistic shows forecasts for the global nickel price at the London Metal Exchange in 2013 and 2014. In 2013, the average LME cash price for nickel is expected to stand at **** U.S. dollars per pound.

Zambia ZM: FQM: Net Realized Price: Nickel: 3 mth data was reported at 5.370 USD/lb in Dec 2017. This records an increase from the previous number of 4.770 USD/lb for Sep 2017. Zambia ZM: FQM: Net Realized Price: Nickel: 3 mth data is updated quarterly, averaging 5.865 USD/lb from Mar 2012 (Median) to Dec 2017, with 24 observations. The data reached an all-time high of 8.650 USD/lb in Mar 2012 and a record low of 3.790 USD/lb in Mar 2016. Zambia ZM: FQM: Net Realized Price: Nickel: 3 mth data remains active status in CEIC and is reported by First Quantum Minerals Limited. The data is categorized under World Trend Plus’s Top Company: Metal and Mining: Non-Asia – Table WB.NA003: First Quantum Minerals Limited (FQM): Operational Data.

In 2024, the average annual London Metal Exchange (LME) price for tin was approximately ** U.S. dollars per pound, making it the highest-priced base metal that year. Nickel had the *******highest price out of the base metals at that time, with an average annual LME price of approximately **** U.S. dollars per pound in 2024. Although there is no clear-cut definition of the term, base metals usually refer to metals that oxidize easily, and is most commonly categorized as including tin, nickel, copper, zinc, lead, and aluminum.

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.

ZM：FQM：净实际价格：镍：3个月在12-01-2017达5.370USD/lb，相较于09-01-2017的4.770USD/lb有所增长。ZM：FQM：净实际价格：镍：3个月数据按季更新，03-01-2012至12-01-2017期间平均值为5.865USD/lb，共24份观测结果。该数据的历史最高值出现于03-01-2012，达8.650USD/lb，而历史最低值则出现于03-01-2016，为3.790USD/lb。CEIC提供的ZM：FQM：净实际价格：镍：3个月数据处于定期更新的状态，数据来源于WBNFQM, First Quantum Minerals Limited，数据归类于世界趋势数据库的顶级公司：金属和采矿业：非亚洲 – 表 WB.NA003：第一量子矿业公司（FQM）：运行数据。