SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance CentreAnnouncements
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceCokeCoalPig IronSteel BilletFinished Steel
New Energy
New Energy
SolarLithiumCobaltCathode MaterialPhosphorusCarbon AnodeSeparatorElectrolyteBattery Cell And ModuleBattery RecyclingNickel And ManganeseOther MaterialsSodium-ion BatteryHydrogen Energy
Price CenterDatabaseProReportsEventsCar Insight
Home
 / Base Metals
 / Nickel
Futuresarrow
Base Metalsarrow
AluminumCopperZincNickelLeadTin
New Energyarrow
Ferrous Metalsarrow
Rare Eartharrow
Scrap Metalsarrow
Minor Metalsarrow
Precious Metalsarrow
SMM Indexarrow
MMiarrow
Exchange Ratearrow

Nickel prices

Switch to Originalswitch

Nickel Cathode

Price description
icon
Price Range
Avg.
Change
Date
SMM #1 Nickel (USD/mt)
14,436.72-15,137.29
14,787
-71.23
Dec 12, 2025
#1 JinChuan Nickel (USD/mt)
15,087.25-15,137.29
15,112.27
-64.76
Dec 12, 2025
#1 JinChuan Nickel premium/discount (USD/mt)
638.02-663.04
650.53
+12.94
Dec 12, 2025
#1 Import Nickel (USD/mt)
14,474.25-14,549.31
14,511.78
-77.67
Dec 12, 2025
#1 Import Nickel premium/discount (USD/mt)
25.02-75.06
50.04
+0.03
Dec 12, 2025
Electro-deposited Nickel (USD/mt)
14,436.72-14,524.29
14,480.5
-77.69
Dec 12, 2025
Electro-deposited Nickel Premium (USD/mt)
(-12.51)-50.04
18.77
+0.01
Dec 12, 2025
Nickel Briquettes (USD/mt)
14,749.47-14,787
14,768.24
-77.5
Dec 12, 2025
SMM Indonesia Refined Nickel, FOB Indonesia (USD/tonne)
14,600-14,690
14,645
-150
Dec 12, 2025

Change orientation to land scape to view the price table

icon

Nickel Ore

Price description
icon
Price Range
Avg.
Change
Date
Indonesia Laterite Nickel Ore 1.2% (delivered to destination port) (USD/wmt)
22-23
22.5
0
Dec 12, 2025
Indonesia Laterite Nickel Ore 1.3%（delivered to destination port） (USD/wmt)
24-25
24.5
0
Dec 12, 2025
Indonesia Laterite Nickel Ore 1.4%（delivered to destination port） (USD/wmt)
40.3-41.4
40.85
0
Dec 12, 2025
Indonesia Laterite Nickel Ore 1.5%（delivered to destination port） (USD/wmt)
46.3-47.4
46.85
0
Dec 12, 2025
Indonesia Laterite Nickel Ore 1.6% (delivered to destination port) (USD/wmt)
50.9-52.9
51.9
0
Dec 12, 2025
Indonesia Laterite Nickel Ore 1.2%（FOB） (USD/wmt)
15-17
16
0
Dec 12, 2025
Indonesia Laterite Nickel Ore 1.3%（FOB） (USD/wmt)
17-19
18
0
Dec 12, 2025
Indonesia Laterite Nickel Ore 1.4%（FOB） (USD/wmt)
32.3-34.3
33.3
0
Dec 12, 2025
Indonesia Laterite Nickel Ore 1.5%（FOB） (USD/wmt)
37.3-39.4
38.35
0
Dec 12, 2025
Indonesia Laterite Nickel Ore 1.6%（FOB） (USD/wmt)
42.6-43.6
43.1
0
Dec 12, 2025
Ni0.9%,Fe49%,Al≥7%,CIF,Philippines (USD/wmt)
28-30
29
0
Dec 12, 2025
Ni0.9%,Fe49%,Al<7%,CIF,Philippines (USD/wmt)
35-37
36
0
Dec 12, 2025
Ni1.3%,Fe15-25%,CIF,Philippines (USD/wmt)
41-43
42
0
Dec 12, 2025
Ni1.4%,Fe15-25%,CIF,Philippines (USD/wmt)
49-51
50
0
Dec 12, 2025
Ni1.5%,Fe15-25%,CIF,Philippines (USD/wmt)
56-58
57
0
Dec 12, 2025
Ni1.8%,Fe15-20%,CIF,Others region (USD/wmt)
77-80
78.5
0
Dec 12, 2025
Ni0.9%,Fe49%,Al≥7% FOB,Philippines (USD/wmt)
13-16.5
14.75
0
Dec 12, 2025
Ni0.9%,Fe49%,Al<7%,FOB,Philippines (USD/wmt)
24-25
24.5
0
Dec 12, 2025
Ni1.3%,Fe15-25%,FOB,Philippines (USD/wmt)
31-33
32
0
Dec 12, 2025
Ni1.4%,Fe15-25%,FOB,Philippines (USD/wmt)
41-43
42
0
Dec 12, 2025
Ni1.8%,Fe15-20%,FOB (USD/wmt)
68-71
69.5
0
Dec 12, 2025
Ni1.5%,Fe15-25%,FOB,Philippines (USD/wmt)
48-50
49
0
Dec 12, 2025
SMM the Philippines 1.3% Laterite Nickel Ore, CIF Indonesia (USD/mt)
42-44
43
0
Dec 12, 2025
SMM the Philippines 1.4% Laterite Nickel Ore, CIF Indonesia (USD/mt)
49-51
50
0
Dec 12, 2025

Change orientation to land scape to view the price table

icon

Ocean Freight Rate for Nickel Ore

Price description
Price Range
Avg.
Change
Date
Indonesia Nickel Ore Shipping Freight(Central Sulawesi to IMIP Port) (USD)
3.6-4.6
4.1
0
Dec 12, 2025
Indonesia Nickel Ore Shipping Freight (Southeast Sulawesi to IMIP Port) (USD)
5.6-6.6
6.1
0
Dec 12, 2025
Indonesia Nickel Ore Shipping Freight (Central Sulawesi to IWIP Port) (USD)
7.5-8.5
8
0
Dec 12, 2025
Indonesia Nickel Ore Shipping Freight(Southeast Sulawesi to IWIP Port) (USD)
9.8-11.2
10.5
0
Dec 12, 2025
Nickel Ore Freight Rates Philippines to Lianyungang Port (USD/mt)
10.5-11.5
11
0
Dec 12, 2025
Nickel Ore Freight Rates Philippines to Tianjin Port (USD/mt)
11.5-12.5
12
0
Dec 12, 2025

Change orientation to land scape to view the price table

icon

FeNi

Price description
Price Range
Avg.
Change
Date
15-20% FeNi , DDP China (USD/nickel unit)
113.84-116.34
115.09
+0.08
Dec 12, 2025
20-25% FeNi , DDP China (USD/nickel unit)
123.85-128.85
126.35
+0.09
Dec 12, 2025
Ni≥30%FeNi , DDP China (USD/nickel unit)
131.36-140.11
135.74
+0.09
Dec 12, 2025

Change orientation to land scape to view the price table

icon

NPI Price

Price description
icon
Price Range
Avg.
Change
Date
NPI (10-12%) (USD/mtu)
110.46-111.84
111.15
+0.08
Dec 12, 2025
NPI (10-12%) Indonesia (USD/mtu)
110.59-111.97
111.28
+0.08
Dec 12, 2025
High-grade NPI Index (USD/mtu)
111.44-111.44
111.44
+0.1
Dec 12, 2025
Low-Carbon High-Grade NPI Index (USD/ni)
112.18-112.18
112.18
+0.08
Dec 12, 2025
Indonesia NPI FOB Index (USD/mtu)
110.71-110.71
110.71
+0.08
Dec 12, 2025
NPI (8-12%) (USD/mtu)
110.71-111.72
111.22
+0.08
Dec 12, 2025
NPI(10-14%) Indonesia (USD/mtu)
110.59-113.47
112.03
+0.08
Dec 12, 2025
NPI (8-10%) (USD/mtu)
111.22-112.84
112.03
+0.08
Dec 12, 2025
NPI (12-14%) Indonesia (USD/mtu)
111.22-113.09
112.15
+0.08
Dec 12, 2025
NPI(Ni≥14%) Indonesia (USD/mtu)
111.34-115.34
113.34
+0.08
Dec 12, 2025
NPI (1.5-1.7%) (USD/mt)
394.07-406.58
400.32
+0.27
Dec 12, 2025

Change orientation to land scape to view the price table

icon

Stainless Steel

Price description
icon
Price Range
Avg.
Change
Date
201/2B Coil (Wuxi) (USD/mt)
1,000.81-1,025.83
1,013.32
+0.69
Dec 12, 2025
304/2B Coil - Burr Edge (Wuxi) (USD/mt)
1,582.53-1,607.55
1,595.04
-5.17
Dec 12, 2025
201 J2/2B Coil (Wuxi) (USD/mt)
906.99-919.5
913.24
+0.62
Dec 12, 2025
304/2B Coil - Deburred Edge (Wuxi) (USD/mt)
1,657.6-1,670.11
1,663.85
+1.13
Dec 12, 2025
304/No.1 Coil (Wuxi) (USD/mt)
1,526.24-1,551.26
1,538.75
+1.04
Dec 12, 2025
316L/2B coil (Wuxi) (USD/mt)
2,933.63-3,014.95
2,974.29
+2.02
Dec 12, 2025
316L/No.1 coil (Wuxi) (USD/mt)
2,852.32-2,902.36
2,877.34
+1.95
Dec 12, 2025
430/2B Coil (Wuxi) (USD/mt)
944.52-957.03
950.77
+0.64
Dec 12, 2025
409L/2B Coil (Wuxi) (USD/mt)
950.77-963.28
957.03
+0.65
Dec 12, 2025
201/2B Coil (Foshan) (USD/mt)
1,000.81-1,013.32
1,007.07
+0.68
Dec 12, 2025
304/2B Coil-EM (Foshan) (USD/mt)
1,582.53-1,607.55
1,595.04
-5.17
Dec 12, 2025
201 J2/2B Coil (Foshan) (USD/mt)
906.99-919.5
913.24
+0.62
Dec 12, 2025
304/2B Coil-EC (Foshan) (USD/mt)
1,657.6-1,670.11
1,663.85
+1.13
Dec 12, 2025
304/No.1 Coil (Foshan) (USD/mt)
1,526.24-1,551.26
1,538.75
+1.04
Dec 12, 2025
304/2B Coil-EM, FOB Indonesia (USD/mt)
1,720-1,765
1,742.5
0
Dec 12, 2025
304/NO.1 Coil-EM, FOB Indonesia (USD/mt)
1,635-1,680
1,657.5
0
Dec 12, 2025
316L/2B coil (Foshan) (USD/mt)
2,933.63-3,014.95
2,974.29
+2.02
Dec 12, 2025
316L/No.1 coil (Foshan) (USD/mt)
2,852.32-2,902.36
2,877.34
+1.95
Dec 12, 2025
430/2B Coil (Foshan) (USD/mt)
944.52-957.03
950.77
+0.64
Dec 12, 2025
409L/2B Coil (Foshan) (USD/mt)
950.77-963.28
957.03
+0.65
Dec 12, 2025
201/2B Coil (National Average Price) (USD/mt)
1,018.33-1,018.33
1,018.33
+0.69
Dec 12, 2025
304/2B Coil (National Average Price) (USD/mt)
1,596.92-1,596.92
1,596.92
-5.17
Dec 12, 2025
304/NO.1 Coil (National Average Price) (USD/mt)
1,541.25-1,541.25
1,541.25
+1.05
Dec 12, 2025
316/2B Coil (National Average Price) (USD/mt)
2,976.17-2,976.17
2,976.17
+2.02
Dec 12, 2025
430/2B Coil (National Average Price) (USD/mt)
952.65-952.65
952.65
+0.65
Dec 12, 2025
201 recharge (Foshan) (USD/mt)
614.94-657.35
636.14
+0.43
Dec 12, 2025
304 Scrap Stainless Steel Cut-Off (USD/mt)
1,286.42-1,300.56
1,293.49
+0.88
Dec 12, 2025
304 Edge Material (Foshan) (USD/mt)
1,265.21-1,307.62
1,286.42
+0.87
Dec 12, 2025
316 recharge (Shanghai) (USD/mt)
2,410.27-2,438.54
2,424.41
+1.64
Dec 12, 2025
316 recharge (Foshan) (USD/mt)
2,410.27-2,424.41
2,417.34
+1.64
Dec 12, 2025
430 recharge (Foshan) (USD/mt)
508.91-523.05
515.98
+0.35
Dec 12, 2025
Malaysia 304 SS Scrap (USD/mt)
1,104-1,128
1,116
0
Dec 12, 2025

Change orientation to land scape to view the price table

icon

Nickel Compound

Price description
icon
Price Range
Avg.
Change
Date
Battery-Grade Nickel Sulphate (USD/mt)
3,432.79-3,445.3
3,439.04
+1.08
Dec 12, 2025
SMM Battery-Grade Nickel Sulphate Index (USD/mt)
3,402.39-3,402.39
3,402.39
+1.18
Dec 12, 2025
Electroplating-Grade Nickel Sulphate (USD/mt)
3,690.5-4,128.35
3,909.42
+2.65
Dec 12, 2025
Nickel Chloride NiCl₂·6H₂O (USD/mt)
4,316-4,566.21
4,441.1
+3.01
Dec 12, 2025
Nickel(II)oxide (USD/mt)
13,260.76-14,011.37
13,636.07
+9.25
Dec 12, 2025

Change orientation to land scape to view the price table

icon

Nickel Intermediates

Price description
Price Range
Avg.
Change
Date
SMM Indonesia Nickel in MHP, outright price, FOB Indonesia (USD/nickel ton)
13,001-13,001
13,001
-50
Dec 12, 2025
SMM Indonesia Cobalt in MHP, outright price, FOB Indonesia (USD/cobalt tonne)
48,266-48,266
48,266
+6
Dec 12, 2025
MHP Payable (Against SMM Battery-Grade Nickel Sulphate Index) (%)
86.5-87
86.75
-0.5
Dec 12, 2025
MHP Cobalt Element Pricing Coefficient (Against SMM Cobalt Sulphate Average Price) (%)
92-94
93
-0.5
Dec 12, 2025
MHP Cobalt Payable to SMM Cobalt Metal (in-whs Rotterdam) (%)
95.5-95.5
95.5
0
Dec 12, 2025
Indonesia High-grade Nickel Matte FOB (USD/nickel ton)
13,282-13,282
13,282
-51
Dec 12, 2025

Change orientation to land scape to view the price table

icon

Auxiliary Material for Nickel

Price description
Price Range
Avg.
Change
Date
Sulfur (CIF Indonesia) (USD/mt)
530-545
537.5
+12.5
Dec 10, 2025
SMM Sulfur (Solid) (USD/mt)
512.92-525.43
519.17
-4.65
Dec 12, 2025
SMM Sodium hydroxide, CIF Indonesia (USD/mt)
425-450
437.5
+7.5
Dec 10, 2025

Change orientation to land scape to view the price table

icon

Premium and Discount

Price description
Price Range
Avg.
Change
Date
JinChuan B&C (USD/mt)
638.02-663.04
650.53
+6.69
Dec 12, 2025
Russian Nickel Premium (USD/mt)
25.02-75.06
50.04
-6.22
Dec 12, 2025

Change orientation to land scape to view the price table

icon

SHFE

Price description
Price
Open
High
Low
Vol.
Change
NI2512 (CNY/mt)
115,500
115,020
115,500
115,010
90
+90
NI2601 (CNY/mt)
114,780
115,070
115,970
114,550
83,854
-930
NI2602 (CNY/mt)
115,010
115,500
116,180
114,790
31,887
-890
NI2603 (CNY/mt)
115,180
115,930
116,400
114,990
11,698
-930
NI2604 (CNY/mt)
115,400
116,090
116,680
115,300
1,237
-960
NI2605 (CNY/mt)
115,680
116,170
116,950
115,520
5,202
-950
NI2606 (CNY/mt)
115,830
116,330
117,170
115,830
111
-1,090
NI2607 (CNY/mt)
116,100
116,510
117,270
116,100
35
-1,060
NI2608 (CNY/mt)
116,410
116,800
117,620
116,180
23
-1,080
NI2609 (CNY/mt)
116,580
117,170
117,880
116,420
114
-1,060
NI2610 (CNY/mt)
117,000
117,330
117,690
116,960
18
-930
NI2611 (CNY/mt)
117,370
118,000
118,200
117,160
9
-620

Change orientation to land scape to view the price table

icon

LME

Price description
Price
Open
High
Low
Vol.
Change
LMEselect Nickel 3 Month (USD/mt)
14,620
14,625
14,725
14,560
8,058
+10

Change orientation to land scape to view the price table

icon

SHFE/LME Ratio

Price description
Price
Open
High
Low
Change
SMM Spot/LME03
7.8917
7.8954
7.9233
7.8875
-0.0365
SHFE.NI2512/LME03
7.9137
7.8566
7.9327
7.8382
+0.0155
SHFE.NI2601/LME03
7.8643
7.868
7.8959
7.86
-0.0366
SHFE.NI2602/LME03
7.8801
7.8974
7.9075
7.8761
-0.031
SHFE.NI2603/LME03
7.8917
7.9268
7.9268
7.8898
-0.0379
SHFE.NI2604/LME03
7.9068
7.9405
7.9438
7.9035
-0.0372
SHFE.NI2605/LME03
7.926
7.946
7.9582
7.926
-0.0344
SHFE.NI2606/LME03
7.9363
7.9678
7.9816
7.9363
-0.048
SHFE.NI2607/LME03
7.9548
7.9883
8.0096
7.9306
-0.0411
SHFE.NI2608/LME03
7.976
7.9973
8.0357
7.9626
-0.0452
SHFE.NI2609/LME03
7.9877
8.0281
8.0308
7.9728
-0.0383
SHFE.NI2610/LME03
8.0164
8.0336
8.0459
7.9837
-0.0376
SHFE.NI2611/LME03
8.0418
8.0409
8.0759
8.0136
-0.0238

Change orientation to land scape to view the price table

icon

Import Arbitrage

Price description
Price
Open
High
Low
Change
Nickel import arbitrage(Spot) (CNY/mt)
-1,535.1918
-1,441.4284
-1,028.8293
-1,601.1154
-608.4619
Nickel import arbitrage(NI2512) (CNY/mt)
-1,493.8822
-2,268.0534
-1,209.3767
-2,551.293
+168.6895
Nickel import arbitrage(NI2601) (CNY/mt)
-2,595.469
-2,501.4523
-2,088.8439
-2,661.4301
-608.9122
Nickel import arbitrage(NI2602) (CNY/mt)
-2,604.291
-2,311.2971
-2,160.8229
-2,660.6112
-534.8111
Nickel import arbitrage(NI2603) (CNY/mt)
-2,758.5415
-2,200.0503
-2,200.0503
-2,776.9561
-640.5212
Nickel import arbitrage(NI2604) (CNY/mt)
-2,840.0645
-2,267.336
-2,237.8017
-2,881.6233
-583.95
Nickel import arbitrage(NI2605) (CNY/mt)
-3,103.9908
-2,563.023
-2,383.4724
-3,103.9908
-751.1476
Nickel import arbitrage(NI2606) (CNY/mt)
-3,002.1216
-2,451.8915
-2,261.0918
-3,002.1216
-801.485
Nickel import arbitrage(NI2607) (CNY/mt)
-3,082.8687
-2,502.8903
-2,232.7883
-3,364.1983
-701.7813

Change orientation to land scape to view the price table

icon
icon
icon
App Store
icon
Google Play
icon
APK
icon
Live chat via WhatsApp
icon
Help us know your opinions in 1minutes.
icon
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.