Nickel Prices

Nickel Cathode
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
#1 Import Nickel USD/mt | 14,474.25 ~ 14,549.31 | 14,511.78 | -77.67(-0.53%) | Dec 12, 2025 |
#1 JinChuan Nickel USD/mt | 15,087.25 ~ 15,137.29 | 15,112.27 | -64.76(-0.43%) | Dec 12, 2025 |
SMM #1 Nickel USD/mt | 14,436.72 ~ 15,137.29 | 14,787 | -71.23(-0.48%) | Dec 12, 2025 |
Electro-deposited Nickel USD/mt | 14,436.72 ~ 14,524.29 | 14,480.5 | -77.69(-0.53%) | Dec 12, 2025 |
Nickel Briquettes USD/mt | 14,749.47 ~ 14,787 | 14,768.24 | -77.5(-0.52%) | Dec 12, 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 12, 2025 |
Nickel Ore Freight Rates Philippines to Tianjin Port USD/mt | 11.5 ~ 12.5 | 12 | 0(0.00%) | Dec 12, 2025 |
NPI Price
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
NPI (10-12%) USD/mtu | 110.46 ~ 111.84 | 111.15 | +0.08(0.07%) | Dec 12, 2025 |
NPI (10-12%) Indonesia USD/mtu | 110.59 ~ 111.97 | 111.28 | +0.08(0.07%) | Dec 12, 2025 |
High-grade NPI Index USD/mtu | 111.44 ~ 111.44 | 111.44 | +0.1(0.09%) | Dec 12, 2025 |
Low-Carbon High-Grade NPI Index USD/ni | 112.18 ~ 112.18 | 112.18 | +0.08(0.07%) | Dec 12, 2025 |
Indonesia NPI FOB Index USD/mtu | 110.71 ~ 110.71 | 110.71 | +0.08(0.07%) | Dec 12, 2025 |
NPI (8-12%) USD/mtu | 110.71 ~ 111.72 | 111.22 | +0.08(0.07%) | Dec 12, 2025 |
NPI (12-14%) Indonesia USD/mtu | 111.22 ~ 113.09 | 112.15 | +0.08(0.07%) | Dec 12, 2025 |
NPI(Ni≥14%) Indonesia USD/mtu | 111.34 ~ 115.34 | 113.34 | +0.08(0.07%) | Dec 12, 2025 |
NPI (1.5-1.7%) USD/mt | 394.07 ~ 406.58 | 400.32 | +0.27(0.07%) | Dec 12, 2025 |
NPI (8-10%) USD/mtu | 111.22 ~ 112.84 | 112.03 | +0.08(0.07%) | Dec 12, 2025 |
NPI(10-14%) Indonesia USD/mtu | 110.59 ~ 113.47 | 112.03 | +0.08(0.07%) | Dec 12, 2025 |
Stainless Steel
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
201/2B Coil (Wuxi) USD/mt | 1,000.81 ~ 1,025.83 | 1,013.32 | +0.69(0.07%) | Dec 12, 2025 |
201 J2/2B Coil (Wuxi) USD/mt | 906.99 ~ 919.5 | 913.24 | +0.62(0.07%) | Dec 12, 2025 |
201/2B Coil (Foshan) USD/mt | 1,000.81 ~ 1,013.32 | 1,007.07 | +0.68(0.07%) | Dec 12, 2025 |
201 J2/2B Coil (Foshan) USD/mt | 906.99 ~ 919.5 | 913.24 | +0.62(0.07%) | Dec 12, 2025 |
201/2B Coil (National Average Price) USD/mt | 1,018.33 ~ 1,018.33 | 1,018.33 | +0.69(0.07%) | Dec 12, 2025 |
201 recharge (Foshan) USD/mt | 614.94 ~ 657.35 | 636.14 | +0.43(0.07%) | Dec 12, 2025 |
304 Edge Material (Foshan) USD/mt | 1,265.21 ~ 1,307.62 | 1,286.42 | +0.87(0.07%) | Dec 12, 2025 |
304 Scrap Stainless Steel Cut-Off USD/mt | 1,286.42 ~ 1,300.56 | 1,293.49 | +0.88(0.07%) | Dec 12, 2025 |
304/2B Coil (National Average Price) USD/mt | 1,596.92 ~ 1,596.92 | 1,596.92 | -5.17(-0.32%) | Dec 12, 2025 |
304/2B Coil - Deburred Edge (Wuxi) USD/mt | 1,657.6 ~ 1,670.11 | 1,663.85 | +1.13(0.07%) | Dec 12, 2025 |
304/2B Coil-EC (Foshan) USD/mt | 1,657.6 ~ 1,670.11 | 1,663.85 | +1.13(0.07%) | Dec 12, 2025 |
304/2B Coil - Burr Edge (Wuxi) USD/mt | 1,582.53 ~ 1,607.55 | 1,595.04 | -5.17(-0.32%) | Dec 12, 2025 |
304/2B Coil-EM (Foshan) USD/mt | 1,582.53 ~ 1,607.55 | 1,595.04 | -5.17(-0.32%) | Dec 12, 2025 |
304/No.1 Coil (Wuxi) USD/mt | 1,526.24 ~ 1,551.26 | 1,538.75 | +1.04(0.07%) | Dec 12, 2025 |
304/No.1 Coil (Foshan) USD/mt | 1,526.24 ~ 1,551.26 | 1,538.75 | +1.04(0.07%) | Dec 12, 2025 |
304/2B Coil-EM, FOB Indonesia USD/mt | 1,720 ~ 1,765 | 1,742.5 | 0(0.00%) | Dec 12, 2025 |
304/NO.1 Coil-EM, FOB Indonesia USD/mt | 1,635 ~ 1,680 | 1,657.5 | 0(0.00%) | Dec 12, 2025 |
304/NO.1 Coil (National Average Price) USD/mt | 1,541.25 ~ 1,541.25 | 1,541.25 | +1.05(0.07%) | Dec 12, 2025 |
316 recharge (Foshan) USD/mt | 2,410.27 ~ 2,424.41 | 2,417.34 | +1.64(0.07%) | Dec 12, 2025 |
316 recharge (Shanghai) USD/mt | 2,410.27 ~ 2,438.54 | 2,424.41 | +1.64(0.07%) | Dec 12, 2025 |
316/2B Coil (National Average Price) USD/mt | 2,976.17 ~ 2,976.17 | 2,976.17 | +2.02(0.07%) | Dec 12, 2025 |
316L/2B coil (Foshan) USD/mt | 2,933.63 ~ 3,014.95 | 2,974.29 | +2.02(0.07%) | Dec 12, 2025 |
316L/2B coil (Wuxi) USD/mt | 2,933.63 ~ 3,014.95 | 2,974.29 | +2.02(0.07%) | Dec 12, 2025 |
316L/No.1 coil (Foshan) USD/mt | 2,852.32 ~ 2,902.36 | 2,877.34 | +1.95(0.07%) | Dec 12, 2025 |
316L/No.1 coil (Wuxi) USD/mt | 2,852.32 ~ 2,902.36 | 2,877.34 | +1.95(0.07%) | Dec 12, 2025 |
409L/2B Coil (Foshan) USD/mt | 950.77 ~ 963.28 | 957.03 | +0.65(0.07%) | Dec 12, 2025 |
409L/2B Coil (Wuxi) USD/mt | 950.77 ~ 963.28 | 957.03 | +0.65(0.07%) | Dec 12, 2025 |
430 recharge (Foshan) USD/mt | 508.91 ~ 523.05 | 515.98 | +0.35(0.07%) | Dec 12, 2025 |
Malaysia 304 SS Scrap USD/mt | 1,104 ~ 1,128 | 1,116 | 0(0.00%) | Dec 12, 2025 |
430/2B Coil (Foshan) USD/mt | 944.52 ~ 957.03 | 950.77 | +0.64(0.07%) | Dec 12, 2025 |
430/2B Coil (National Average Price) USD/mt | 952.65 ~ 952.65 | 952.65 | +0.65(0.07%) | Dec 12, 2025 |
430/2B Coil (Wuxi) USD/mt | 944.52 ~ 957.03 | 950.77 | +0.64(0.07%) | Dec 12, 2025 |
Nickel Compound
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
SMM Battery-Grade Nickel Sulphate Index USD/mt | 3,402.39 ~ 3,402.39 | 3,402.39 | +1.18(0.03%) | Dec 12, 2025 |
Nickel(II)oxide USD/mt | 13,260.76 ~ 14,011.37 | 13,636.07 | +9.25(0.07%) | Dec 12, 2025 |
Nickel Chloride NiCl₂·6H₂O USD/mt | 4,316 ~ 4,566.21 | 4,441.1 | +3.01(0.07%) | Dec 12, 2025 |
Battery-Grade Nickel Sulphate USD/mt | 3,432.79 ~ 3,445.3 | 3,439.04 | +1.08(0.03%) | Dec 12, 2025 |
Electroplating-Grade Nickel Sulphate USD/mt | 3,690.5 ~ 4,128.35 | 3,909.42 | +2.65(0.07%) | Dec 12, 2025 |
FeNi
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
15-20% FeNi , DDP China USD/nickelunit | 113.84 ~ 116.34 | 115.09 | +0.08(0.07%) | Dec 12, 2025 |
20-25% FeNi , DDP China USD/nickelunit | 123.85 ~ 128.85 | 126.35 | +0.09(0.07%) | Dec 12, 2025 |
Ni≥30%FeNi , DDP China USD/nickelunit | 131.36 ~ 140.11 | 135.74 | +0.09(0.07%) | Dec 12, 2025 |
Nickel Intermediates
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
SMM Indonesia Nickel in MHP, outright price, FOB Indonesia USD/nickelton | 13,001 ~ 13,001 | 13,001 | -50(-0.38%) | Dec 12, 2025 |
SMM Indonesia Cobalt in MHP, outright price, FOB Indonesia USD/cobalttonne | 48,266 ~ 48,266 | 48,266 | +6(0.01%) | Dec 12, 2025 |
MHP Payable (Against SMM Battery-Grade Nickel Sulphate Index) % | 86.5 ~ 87 | 86.75 | -0.5(-0.57%) | Dec 12, 2025 |
MHP Cobalt Payable to SMM Cobalt Metal (in-whs Rotterdam) % | 95.5 ~ 95.5 | 95.5 | 0(0.00%) | Dec 12, 2025 |
Indonesia High-grade Nickel Matte FOB USD/nickelton | 13,282 ~ 13,282 | 13,282 | -51(-0.38%) | Dec 12, 2025 |
Premium And Discount
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
JinChuan B&C USD/mt | 638.02 ~ 663.04 | 650.53 | +6.69(1.04%) | Dec 12, 2025 |
Russian Nickel Premium USD/mt | 25.02 ~ 75.06 | 50.04 | -6.22(-11.05%) | Dec 12, 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 | 512.92 ~ 525.43 | 519.17 | -4.65(-0.89%) | Dec 12, 2025 |
SMM Sodium hydroxide, CIF Indonesia USD/mt | 425 ~ 450 | 437.5 | +7.5(1.74%) | Dec 10, 2025 |



