Nickel Prices

Nickel Cathode
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
#1 Import Nickel USD/mt | 14,034.78 ~ 14,122.5 | 14,078.64 | -320.4(-2.23%) | Dec 16, 2025 |
#1 JinChuan Nickel USD/mt | 14,698.93 ~ 14,761.58 | 14,730.26 | -282.04(-1.88%) | Dec 16, 2025 |
SMM #1 Nickel USD/mt | 13,997.19 ~ 14,761.58 | 14,379.39 | -307.51(-2.09%) | Dec 16, 2025 |
Electro-deposited Nickel USD/mt | 13,997.19 ~ 14,097.44 | 14,047.31 | -320.44(-2.23%) | Dec 16, 2025 |
Nickel Briquettes USD/mt | 14,310.47 ~ 14,360.59 | 14,335.53 | -320.08(-2.18%) | Dec 16, 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 | 10.5 ~ 11.5 | 11 | 0(0.00%) | Dec 16, 2025 |
Nickel Ore Freight Rates Philippines to Tianjin Port USD/mt | 11.5 ~ 12.5 | 12 | 0(0.00%) | Dec 16, 2025 |
NPI Price
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
NPI (10-12%) USD/mtu | 110.27 ~ 111.9 | 111.09 | +0.01(0.01%) | Dec 16, 2025 |
NPI (10-12%) Indonesia USD/mtu | 110.65 ~ 111.78 | 111.21 | +0.01(0.01%) | Dec 16, 2025 |
High-grade NPI Index USD/mtu | 111.4 ~ 111.4 | 111.4 | +0.03(0.02%) | Dec 16, 2025 |
Low-Carbon High-Grade NPI Index USD/ni | 112.15 ~ 112.15 | 112.15 | +0.03(0.02%) | Dec 16, 2025 |
Indonesia NPI FOB Index USD/mtu | 110.64 ~ 110.64 | 110.64 | +0.01(0.01%) | Dec 16, 2025 |
NPI (8-12%) USD/mtu | 110.27 ~ 112.15 | 111.21 | +0.01(0.01%) | Dec 16, 2025 |
NPI (12-14%) Indonesia USD/mtu | 110.9 ~ 113.28 | 112.09 | +0.01(0.01%) | Dec 16, 2025 |
NPI(Ni≥14%) Indonesia USD/mtu | 111.28 ~ 115.29 | 113.28 | +0.02(0.01%) | Dec 16, 2025 |
NPI (1.5-1.7%) USD/mt | 400.99 ~ 413.52 | 407.26 | +0.51(0.12%) | Dec 16, 2025 |
NPI (8-10%) USD/mtu | 111.4 ~ 112.53 | 111.96 | +0.01(0.01%) | Dec 16, 2025 |
NPI(10-14%) Indonesia USD/mtu | 110.65 ~ 113.28 | 111.96 | +0.01(0.01%) | Dec 16, 2025 |
Stainless Steel
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
201/2B Coil (Wuxi) USD/mt | 1,002.48 ~ 1,027.55 | 1,015.02 | -4.99(-0.49%) | Dec 16, 2025 |
201 J2/2B Coil (Wuxi) USD/mt | 902.24 ~ 914.77 | 908.5 | -5.13(-0.56%) | Dec 16, 2025 |
201/2B Coil (Foshan) USD/mt | 996.22 ~ 1,008.75 | 1,002.48 | -5.01(-0.50%) | Dec 16, 2025 |
201 J2/2B Coil (Foshan) USD/mt | 902.24 ~ 914.77 | 908.5 | -5.13(-0.56%) | Dec 16, 2025 |
201/2B Coil (National Average Price) USD/mt | 1,017.52 ~ 1,017.52 | 1,017.52 | -3.74(-0.37%) | Dec 16, 2025 |
201 recharge (Foshan) USD/mt | 615.96 ~ 658.44 | 637.2 | +0.79(0.12%) | Dec 16, 2025 |
304 Edge Material (Foshan) USD/mt | 1,260.25 ~ 1,302.73 | 1,281.49 | -5.48(-0.43%) | Dec 16, 2025 |
304 Scrap Stainless Steel Cut-Off USD/mt | 1,288.57 ~ 1,302.73 | 1,295.65 | +1.61(0.12%) | Dec 16, 2025 |
304/2B Coil (National Average Price) USD/mt | 1,587.06 ~ 1,587.06 | 1,587.06 | -10.54(-0.66%) | Dec 16, 2025 |
304/2B Coil - Deburred Edge (Wuxi) USD/mt | 1,654.1 ~ 1,666.63 | 1,660.37 | -4.19(-0.25%) | Dec 16, 2025 |
304/2B Coil-EC (Foshan) USD/mt | 1,654.1 ~ 1,666.63 | 1,660.37 | -4.19(-0.25%) | Dec 16, 2025 |
304/2B Coil - Burr Edge (Wuxi) USD/mt | 1,572.65 ~ 1,597.71 | 1,585.18 | -10.54(-0.66%) | Dec 16, 2025 |
304/2B Coil-EM (Foshan) USD/mt | 1,572.65 ~ 1,597.71 | 1,585.18 | -10.54(-0.66%) | Dec 16, 2025 |
304/No.1 Coil (Wuxi) USD/mt | 1,516.26 ~ 1,541.32 | 1,528.79 | -10.61(-0.69%) | Dec 16, 2025 |
304/No.1 Coil (Foshan) USD/mt | 1,516.26 ~ 1,541.32 | 1,528.79 | -10.61(-0.69%) | Dec 16, 2025 |
304/2B Coil-EM, FOB Indonesia USD/mt | 1,750 ~ 1,795 | 1,772.5 | +30(1.72%) | Dec 16, 2025 |
304/NO.1 Coil-EM, FOB Indonesia USD/mt | 1,665 ~ 1,710 | 1,687.5 | +30(1.81%) | Dec 16, 2025 |
304/NO.1 Coil (National Average Price) USD/mt | 1,531.3 ~ 1,531.3 | 1,531.3 | -10.61(-0.69%) | Dec 16, 2025 |
316 recharge (Foshan) USD/mt | 2,414.3 ~ 2,428.46 | 2,421.38 | +3.01(0.12%) | Dec 16, 2025 |
316 recharge (Shanghai) USD/mt | 2,414.3 ~ 2,442.62 | 2,428.46 | +3.02(0.12%) | Dec 16, 2025 |
316/2B Coil (National Average Price) USD/mt | 2,981.14 ~ 2,981.14 | 2,981.14 | +3.71(0.12%) | Dec 16, 2025 |
316L/2B coil (Foshan) USD/mt | 2,938.53 ~ 3,019.98 | 2,979.26 | +3.71(0.12%) | Dec 16, 2025 |
316L/2B coil (Wuxi) USD/mt | 2,938.53 ~ 3,019.98 | 2,979.26 | +3.71(0.12%) | Dec 16, 2025 |
316L/No.1 coil (Foshan) USD/mt | 2,857.08 ~ 2,907.21 | 2,882.14 | +3.59(0.12%) | Dec 16, 2025 |
316L/No.1 coil (Wuxi) USD/mt | 2,857.08 ~ 2,907.21 | 2,882.14 | +3.59(0.12%) | Dec 16, 2025 |
409L/2B Coil (Foshan) USD/mt | 952.36 ~ 964.89 | 958.63 | +1.19(0.12%) | Dec 16, 2025 |
409L/2B Coil (Wuxi) USD/mt | 952.36 ~ 964.89 | 958.63 | +1.19(0.12%) | Dec 16, 2025 |
430 recharge (Foshan) USD/mt | 509.76 ~ 523.92 | 516.84 | +0.64(0.12%) | Dec 16, 2025 |
Malaysia 304 SS Scrap USD/mt | 1,104 ~ 1,128 | 1,116 | 0(0.00%) | Dec 16, 2025 |
430/2B Coil (Foshan) USD/mt | 946.09 ~ 958.63 | 952.36 | +1.19(0.12%) | Dec 16, 2025 |
430/2B Coil (National Average Price) USD/mt | 954.24 ~ 954.24 | 954.24 | +1.19(0.12%) | Dec 16, 2025 |
430/2B Coil (Wuxi) USD/mt | 946.09 ~ 958.63 | 952.36 | +1.19(0.12%) | Dec 16, 2025 |
Nickel Compound
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
SMM Battery-Grade Nickel Sulphate Index USD/mt | 3,406.07 ~ 3,406.07 | 3,406.07 | +3.11(0.09%) | Dec 16, 2025 |
Nickel(II)oxide USD/mt | 13,282.92 ~ 14,034.78 | 13,658.85 | +17(0.12%) | Dec 16, 2025 |
Nickel Chloride NiCl₂·6H₂O USD/mt | 4,323.21 ~ 4,573.84 | 4,448.53 | +5.54(0.12%) | Dec 16, 2025 |
Battery-Grade Nickel Sulphate USD/mt | 3,437.27 ~ 3,449.8 | 3,443.53 | +3.03(0.09%) | Dec 16, 2025 |
Electroplating-Grade Nickel Sulphate USD/mt | 3,696.66 ~ 4,135.25 | 3,915.96 | +4.87(0.12%) | Dec 16, 2025 |
FeNi
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
15-20% FeNi , DDP China USD/nickelunit | 114.03 ~ 116.54 | 115.29 | +0.14(0.12%) | Dec 16, 2025 |
20-25% FeNi , DDP China USD/nickelunit | 124.06 ~ 129.07 | 126.56 | +0.16(0.12%) | Dec 16, 2025 |
Ni≥30%FeNi , DDP China USD/nickelunit | 131.58 ~ 140.35 | 135.96 | +0.17(0.12%) | Dec 16, 2025 |
Nickel Intermediates
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
SMM Indonesia Nickel in MHP, outright price, FOB Indonesia USD/nickelton | 12,861 ~ 12,861 | 12,861 | -87(-0.67%) | Dec 16, 2025 |
SMM Indonesia Cobalt in MHP, outright price, FOB Indonesia USD/cobalttonne | 47,826 ~ 47,826 | 47,826 | +10(0.02%) | Dec 16, 2025 |
MHP Payable (Against SMM Battery-Grade Nickel Sulphate Index) % | 85 ~ 85.5 | 85.25 | -1.25(-1.45%) | Dec 16, 2025 |
MHP Cobalt Payable to SMM Cobalt Metal (in-whs Rotterdam) % | 95 ~ 95 | 95 | -0.5(-0.52%) | Dec 16, 2025 |
Indonesia High-grade Nickel Matte FOB USD/nickelton | 13,139 ~ 13,139 | 13,139 | -88(-0.67%) | Dec 16, 2025 |
Premium And Discount
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
JinChuan B&C USD/mt | 676.68 ~ 701.74 | 689.21 | +32.15(4.89%) | Dec 16, 2025 |
Russian Nickel Premium USD/mt | 12.53 ~ 62.66 | 37.59 | -6.21(-14.18%) | Dec 16, 2025 |
Auxiliary Material for Nickel
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
Sulfur (CIF Indonesia) USD/mt | 530 ~ 545 | 537.5 | +12.5(2.38%) | Dec 10, 2025 |
SMM Sulfur (Solid) USD/mt | 482.45 ~ 494.98 | 488.71 | -8.15(-1.64%) | Dec 16, 2025 |
SMM Sodium hydroxide, CIF Indonesia USD/mt | 425 ~ 450 | 437.5 | +7.5(1.74%) | Dec 10, 2025 |



