Nickel Prices
Nickel Cathode
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
#1 Import Nickel USD/mt | 14,232.26 ~ 14,257.31 | 14,244.79 | +140.56(1.00%) | Dec 18, 2025 |
#1 JinChuan Nickel USD/mt | 14,996.49 ~ 15,046.6 | 15,021.55 | +183.9(1.24%) | Dec 18, 2025 |
SMM #1 Nickel USD/mt | 14,169.62 ~ 15,046.6 | 14,608.11 | +152.84(1.06%) | Dec 18, 2025 |
Electro-deposited Nickel USD/mt | 14,169.62 ~ 14,257.31 | 14,213.46 | +140.58(1.00%) | Dec 18, 2025 |
Nickel Briquettes USD/mt | 14,482.83 ~ 14,520.41 | 14,501.62 | +140.38(0.98%) | Dec 18, 2025 |
SMM Indonesia Refined Nickel, FOB Indonesia USD/tonne | 14,600 ~ 14,690 | 14,645 | -150(-1.01%) | Dec 12, 2025 |
Nickel Ore
Ocean Freight Rate for Nickel Ore
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
Indonesia Nickel Ore Shipping Freight(Central Sulawesi to IMIP Port) USD | 3.6 ~ 4.6 | 4.1 | 0(0.00%) | Dec 12, 2025 |
Indonesia Nickel Ore Shipping Freight (Southeast Sulawesi to IMIP Port) USD | 5.6 ~ 6.6 | 6.1 | 0(0.00%) | Dec 12, 2025 |
Indonesia Nickel Ore Shipping Freight (Central Sulawesi to IWIP Port) USD | 7.5 ~ 8.5 | 8 | 0(0.00%) | Dec 12, 2025 |
Indonesia Nickel Ore Shipping Freight(Southeast Sulawesi to IWIP Port) USD | 9.8 ~ 11.2 | 10.5 | 0(0.00%) | Dec 12, 2025 |
Nickel Ore Freight Rates Philippines to Lianyungang Port USD/mt | 8 ~ 9 | 8.5 | -2.5(-22.73%) | Dec 18, 2025 |
Nickel Ore Freight Rates Philippines to Tianjin Port USD/mt | 9 ~ 10 | 9.5 | -2.5(-20.83%) | Dec 18, 2025 |
NPI Price
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
NPI (10-12%) USD/mtu | 109.87 ~ 111.63 | 110.75 | -0.2(-0.18%) | Dec 18, 2025 |
NPI (10-12%) Indonesia USD/mtu | 110.25 ~ 111.5 | 110.88 | -0.2(-0.18%) | Dec 18, 2025 |
High-grade NPI Index USD/mtu | 111.1 ~ 111.1 | 111.1 | -0.19(-0.17%) | Dec 18, 2025 |
Low-Carbon High-Grade NPI Index USD/ni | 111.87 ~ 111.87 | 111.87 | -0.19(-0.17%) | Dec 18, 2025 |
Indonesia NPI FOB Index USD/mtu | 110.26 ~ 110.26 | 110.26 | -0.2(-0.18%) | Dec 18, 2025 |
NPI (8-12%) USD/mtu | 109.87 ~ 112 | 110.94 | -0.2(-0.18%) | Dec 18, 2025 |
NPI (12-14%) Indonesia USD/mtu | 110.63 ~ 112.88 | 111.75 | -0.2(-0.18%) | Dec 18, 2025 |
NPI(Ni≥14%) Indonesia USD/mtu | 111.13 ~ 114.76 | 112.94 | -0.2(-0.18%) | Dec 18, 2025 |
NPI (1.5-1.7%) USD/mt | 400.91 ~ 413.44 | 407.17 | -0.28(-0.07%) | Dec 18, 2025 |
NPI (8-10%) USD/mtu | 111.25 ~ 112 | 111.63 | -0.2(-0.18%) | Dec 18, 2025 |
NPI(10-14%) Indonesia USD/mtu | 110.25 ~ 112.88 | 111.57 | -0.2(-0.18%) | Dec 18, 2025 |
Stainless Steel
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
201/2B Coil (Wuxi) USD/mt | 1,002.27 ~ 1,027.33 | 1,014.8 | -0.7(-0.07%) | Dec 18, 2025 |
201 J2/2B Coil (Wuxi) USD/mt | 902.04 ~ 914.57 | 908.31 | -0.63(-0.07%) | Dec 18, 2025 |
201/2B Coil (Foshan) USD/mt | 996.01 ~ 1,008.54 | 1,002.27 | -0.7(-0.07%) | Dec 18, 2025 |
201 J2/2B Coil (Foshan) USD/mt | 902.04 ~ 914.57 | 908.31 | -0.63(-0.07%) | Dec 18, 2025 |
201/2B Coil (National Average Price) USD/mt | 1,017.31 ~ 1,017.31 | 1,017.31 | -0.71(-0.07%) | Dec 18, 2025 |
201 recharge (Foshan) USD/mt | 615.83 ~ 658.3 | 637.07 | -0.44(-0.07%) | Dec 18, 2025 |
304 Edge Material (Foshan) USD/mt | 1,252.9 ~ 1,295.37 | 1,274.14 | -0.88(-0.07%) | Dec 18, 2025 |
304 Scrap Stainless Steel Cut-Off USD/mt | 1,281.22 ~ 1,295.37 | 1,288.29 | -7.98(-0.62%) | Dec 18, 2025 |
304/2B Coil (National Average Price) USD/mt | 1,586.72 ~ 1,586.72 | 1,586.72 | +5.17(0.33%) | Dec 18, 2025 |
304/2B Coil - Deburred Edge (Wuxi) USD/mt | 1,653.75 ~ 1,666.28 | 1,660.01 | -1.15(-0.07%) | Dec 18, 2025 |
304/2B Coil-EC (Foshan) USD/mt | 1,653.75 ~ 1,666.28 | 1,660.01 | -1.15(-0.07%) | Dec 18, 2025 |
304/2B Coil - Burr Edge (Wuxi) USD/mt | 1,572.31 ~ 1,597.37 | 1,584.84 | +5.17(0.33%) | Dec 18, 2025 |
304/2B Coil-EM (Foshan) USD/mt | 1,572.31 ~ 1,597.37 | 1,584.84 | +5.17(0.33%) | Dec 18, 2025 |
304/No.1 Coil (Wuxi) USD/mt | 1,522.2 ~ 1,540.99 | 1,531.6 | +2.07(0.14%) | Dec 18, 2025 |
304/No.1 Coil (Foshan) USD/mt | 1,522.2 ~ 1,540.99 | 1,531.6 | +2.07(0.14%) | Dec 18, 2025 |
304/2B Coil-EM, FOB Indonesia USD/mt | 1,750 ~ 1,795 | 1,772.5 | 0(0.00%) | Dec 18, 2025 |
304/NO.1 Coil-EM, FOB Indonesia USD/mt | 1,665 ~ 1,710 | 1,687.5 | 0(0.00%) | Dec 18, 2025 |
304/NO.1 Coil (National Average Price) USD/mt | 1,534.73 ~ 1,534.73 | 1,534.73 | +2.7(0.18%) | Dec 18, 2025 |
316 recharge (Foshan) USD/mt | 2,413.78 ~ 2,427.94 | 2,420.86 | -1.68(-0.07%) | Dec 18, 2025 |
316 recharge (Shanghai) USD/mt | 2,413.78 ~ 2,442.1 | 2,427.94 | -1.69(-0.07%) | Dec 18, 2025 |
316/2B Coil (National Average Price) USD/mt | 2,980.51 ~ 2,980.51 | 2,980.51 | -2.07(-0.07%) | Dec 18, 2025 |
316L/2B coil (Foshan) USD/mt | 2,937.91 ~ 3,019.34 | 2,978.63 | -2.07(-0.07%) | Dec 18, 2025 |
316L/2B coil (Wuxi) USD/mt | 2,937.91 ~ 3,019.34 | 2,978.63 | -2.07(-0.07%) | Dec 18, 2025 |
316L/No.1 coil (Foshan) USD/mt | 2,856.47 ~ 2,906.59 | 2,881.53 | -2(-0.07%) | Dec 18, 2025 |
316L/No.1 coil (Wuxi) USD/mt | 2,856.47 ~ 2,906.59 | 2,881.53 | -2(-0.07%) | Dec 18, 2025 |
409L/2B Coil (Foshan) USD/mt | 952.16 ~ 964.69 | 958.42 | -0.67(-0.07%) | Dec 18, 2025 |
409L/2B Coil (Wuxi) USD/mt | 952.16 ~ 964.69 | 958.42 | -0.67(-0.07%) | Dec 18, 2025 |
430 recharge (Foshan) USD/mt | 509.66 ~ 523.81 | 516.73 | -0.36(-0.07%) | Dec 18, 2025 |
Malaysia 304 SS Scrap USD/mt | 1,104 ~ 1,128 | 1,116 | 0(0.00%) | Dec 18, 2025 |
430/2B Coil (Foshan) USD/mt | 945.89 ~ 958.42 | 952.16 | -0.66(-0.07%) | Dec 18, 2025 |
430/2B Coil (National Average Price) USD/mt | 954.04 ~ 954.04 | 954.04 | -0.66(-0.07%) | Dec 18, 2025 |
430/2B Coil (Wuxi) USD/mt | 945.89 ~ 958.42 | 952.16 | -0.66(-0.07%) | Dec 18, 2025 |
Nickel Compound
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
SMM Battery-Grade Nickel Sulphate Index USD/mt | 3,397.83 ~ 3,397.83 | 3,397.83 | -3.36(-0.10%) | Dec 18, 2025 |
Nickel(II)oxide USD/mt | 13,280.1 ~ 14,031.8 | 13,655.95 | -9.48(-0.07%) | Dec 18, 2025 |
Nickel Chloride NiCl₂·6H₂O USD/mt | 4,322.3 ~ 4,572.86 | 4,447.58 | -3.09(-0.07%) | Dec 18, 2025 |
Battery-Grade Nickel Sulphate USD/mt | 3,430.27 ~ 3,442.8 | 3,436.54 | -2.39(-0.07%) | Dec 18, 2025 |
Electroplating-Grade Nickel Sulphate USD/mt | 3,695.88 ~ 4,134.37 | 3,915.12 | -2.72(-0.07%) | Dec 18, 2025 |
FeNi
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
15-20% FeNi , DDP China USD/nickelunit | 112.76 ~ 116.51 | 114.63 | -0.08(-0.07%) | Dec 18, 2025 |
20-25% FeNi , DDP China USD/nickelunit | 124.03 ~ 127.79 | 125.91 | -0.09(-0.07%) | Dec 18, 2025 |
Ni≥30%FeNi , DDP China USD/nickelunit | 131.55 ~ 139.07 | 135.31 | -0.09(-0.07%) | Dec 18, 2025 |
Nickel Intermediates
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
SMM Indonesia Nickel in MHP, outright price, FOB Indonesia USD/nickelton | 12,715 ~ 12,715 | 12,715 | -49(-0.38%) | Dec 18, 2025 |
SMM Indonesia Cobalt in MHP, outright price, FOB Indonesia USD/cobalttonne | 47,877 ~ 47,877 | 47,877 | +41(0.09%) | Dec 18, 2025 |
MHP Payable (Against SMM Battery-Grade Nickel Sulphate Index) % | 85.5 ~ 86 | 85.75 | +1(1.18%) | Dec 18, 2025 |
MHP Cobalt Payable to SMM Cobalt Metal (in-whs Rotterdam) % | 95 ~ 95 | 95 | 0(0.00%) | Dec 18, 2025 |
Indonesia High-grade Nickel Matte FOB USD/nickelton | 12,990 ~ 12,990 | 12,990 | -51(-0.39%) | Dec 18, 2025 |
Premium And Discount
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
JinChuan B&C USD/mt | 814.35 ~ 839.4 | 826.87 | +43.31(5.53%) | Dec 18, 2025 |
Russian Nickel Premium USD/mt | 50.11 ~ 50.11 | 50.11 | -0.03(-0.07%) | Dec 18, 2025 |
Auxiliary Material for Nickel
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
Sulfur (CIF Indonesia) USD/mt | 540 ~ 550 | 545 | +7.5(1.40%) | Dec 17, 2025 |
SMM Sulfur (Solid) USD/mt | 476.08 ~ 488.61 | 482.34 | -6.6(-1.35%) | Dec 18, 2025 |
SMM Sodium hydroxide, CIF Indonesia USD/mt | 425 ~ 450 | 437.5 | 0(0.00%) | Dec 17, 2025 |
