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.

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.

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

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.

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.

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 February 2025, the average nickel export price amounted to $16,608 per ton, approximately mirroring the previous month.

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.

Molybdenum traded flat at 455.50 CNY/Kg on November 28, 2025. Over the past month, Molybdenum's price has fallen 8.99%, and is down 4.11% 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 December of 2025.

After starting the period with a peak of just above *********** British pounds, the value of nickel ore and concentrate exported worldwide by the United Kingdom dramatically decreased in the following years. As of 2023, the export value of these products amounted to ****** British pounds.

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.

In 2024, the value generated from the import of nickel mattes, nickel oxide sinters, and intermediate products of nickel in the United Kingdom increased by **** million British Pounds (+**** percent) compared to 2023. In total, the value amounted to ***** million British Pounds in 2024.

Content

File1: Time series of commodity futures from 2000 until present. Includes 23 different commodities. File2: Categories for each commodity.

All prices are quoted in Euros.

The different commodities included in the commodity_prices.csv file are described below:

1. Energy

a/ Natural Gas: quoted in EUR/MMBtu.
b/ Low Sulphur Gas Oil: quoted in EUR/MT.
c/ WTI Crude: quoted in EUR/barrel.
d/ Brent Crude: quoted in EUR/barrel.
e/ ULS Diesel: quoted in EUR/gallon.
f/ Gasoline: quoted in EUR/gallon.

2. Industrial Metals

a/ Copper: quoted in EUR/lb.
b/ Aluminum: quoted in EUR/MT.
c/ Zinc: quoted in EUR/MT.
d/ Nickel: quoted in EUR/MT.

3. Precious Metals

a/ Gold: quoted in EUR/t oz.
b/ Silver: quoted in EUR/t oz.

4. Grains

a/ Corn: quoted in EUR/bushel.
b/ Soybeans: quoted in EUR/bushel.
c/ Wheat: quoted in EUR/bushel.
d/ Soybean Oil: quoted in EUR/lb.
e/ Soybean Meal: quoted in EUR/T.
f/ HRW Wheat: quoted in EUR/bushel.

5. Livestock

a/ Live cattle: quoted in EUR/lb.
b/ Lean Hogs: quoted in EUR/lb.

6. Softs

a/ Sugar: quoted in EUR/lb.
b/ Coffee: quoted in EUR/lb.
c/ Cotton: quoted in EUR/lb.

Inspiration:

Collated for a personal ML project. Plan to update it weekly.

Source:

Web-scraped from multiple sources.

This statistic shows the sales value of nickel and nickel alloy bars, rods, profiles and wires based on PRODCOM** estimates in the United Kingdom (UK) from 2008 to 2018, in thousand British pounds. It shows that the sales value in 2018 was approximately ***** million British pounds. The sales value decreased significantly in the following year to ***** million British pounds.

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。

This statistic shows the sales value of nickel and nickel alloy tubes, pipes and tube or pipe fittings based on PRODCOM** estimates in the United Kingdom (UK) from 2008 to 2018, in thousand British pounds. It shows that the sales value in 2008 was approximately **** million British pounds and increased over the years to a peak value of **** million British pounds in 2016. In 2018, figures amounted to **** million British pounds.

In 2024, the average price of cadmium in the United States stood at *** U.S. dollars per kilogram. Down from some **** U.S. dollars per kilogram in the previous year, which was was the highest figure reported during the period in consideration. More about cadmium Cadmium is a silvery-white post-transition metal that was first discovered in 1817 in Germany by scientists Freidrich Stromeyer and Karl Hermann. This malleable metal is extracted as a by-product of zinc refinement, and shares similarities with zinc. Its melting temperature is *** degrees Celsius, and it is considered toxic. Because the melting points of cadmium and zinc are different, the two metals can be separated using this method. In the liquid mixture of the two metals, zinc becomes a solid first. After that, the liquid cadmium is left behind. Cadmium in batteries Rechargeable batteries are made with cadmium and nickel. There are two types of batteries: industrial and portable. Industrial batteries are used for things such as emergency brakes, air conditioning, and alarm systems. Portable batteries are used for computer equipment, military communications, and emergency lighting. China is the largest producer of cadmium worldwide, with a refinery production volume estimated at ***** metric tons in 2024. While imports of cadmium into the United States have dropped in recent years, exports of the metal have increased.

This statistic illustrates the annual import value of nickel products in the United Kingdom (UK) between 2009 and 2014, in thousand British pounds. In 2012, **** million British pounds worth of scrap nickel was imported to the United Kingdom.

This statistic shows the sales value of unwrought nickel based on PRODCOM** estimates in the United Kingdom (UK) from 2008 to 2016, in thousand British pounds. It shows that the sales value in 2008 was approximately ***** million British pounds, decreasing significantly to eventually generate **** million British pounds in 2016. The largest decrease took place from 2010 to 2011, when the sales value almost halved.