Nickel rose to 15,384.25 USD/T on September 15, 2025, up 0.03% from the previous day. Over the past month, Nickel's price has risen 1.41%, but it is still 5.53% lower than a year ago, 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 September of 2025.

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.

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.

LME Nickel 3M Futures Prices data, recent 6 years (traceable to Jan 02,2020), the unit is USD/t, latest value is 15300, updated at Aug 28,2025

LME Nickel USD Prices data, recent 6 years (traceable to Jan 02,2020), the unit is USD/t, latest value is 14916.5, updated at Aug 27,2025

Explore the factors shaping London Metal Exchange nickel ore prices, including rising demand from the EV sector, supply restrictions due to geopolitical and environmental issues, and macroeconomic influences. Understand the complex dynamics affecting nickel valuation and trading in the global commodities market.

This statistic shows a forecast of the London Metal Exchange's cash price of nickel from 2015 to 2020. In 2020, it is predicted that the price of nickel will increase over ****** U.S. dollars per metric ton worldwide. Nickel is most commonly used for making steels, nonferrous alloys, and electroplating. It is also common in both industrial and commercial products.

LME Index rose to 4,330.20 Index Points on September 12, 2025, up 0.51% from the previous day. Over the past month, LME Index's price has risen 3.01%, and is up 7.01% 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 September of 2025.

Explore the dynamics of nickel trading on the London Metal Exchange (LME), highlighting its significance in the stainless steel and electric vehicle industries. Understand how trading strategies and market factors like supply disruptions and technological advancements affect nickel prices, while environmental considerations shape the future of this vital metal market.

Graph and download economic data for Global price of Nickel (PNICKUSDM) from Jan 1990 to Jun 2025 about nickel, World, and price.

Explore the factors influencing nickel prices on the London Metal Exchange, from EV demand and supply chain dynamics to geopolitical events and macroeconomic trends. Discover how nickel's role in stainless steel and battery production impacts global commodities.

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.

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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.

Explore the importance of LME nickel live prices, a key factor for industries and investors, reflecting global economic health, market trends, and price volatility strategies in the industrial metals and technology sectors.

Chile Average Price: Nickel: LME data was reported at 7.019 USD/lb in 15 May 2025. This records a decrease from the previous number of 7.133 USD/lb for 14 May 2025. Chile Average Price: Nickel: LME data is updated daily, averaging 7.150 USD/lb from Jan 2001 (Median) to 15 May 2025, with 6139 observations. The data reached an all-time high of 19.502 USD/lb in 07 Mar 2022 and a record low of 3.497 USD/lb in 11 Feb 2016. Chile Average Price: Nickel: LME data remains active status in CEIC and is reported by Chilean Copper Commission. The data is categorized under Global Database’s Chile – Table CL.P001: Average Price: Metals.

Nickel powder prices in the third quarter showcased a mixed trend in the US market amid the rising fears of recessions. According to market participants, LME

Explore the factors influencing LME nickel prices, including global supply dynamics, geopolitical tensions, and the growing demand from the electric vehicle sector.

Explore how the London Metal Exchange (LME) facilitates nickel trading with standardized contracts, offers price discovery, and supports the global commodities market with transparency and regulation, essential for producers, consumers, and investors.