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Nickel prices

Switch to Originalswitch

Nickel Cathode

Price description
icon
Price Range
Avg.
Change
Date
SMM #1 Nickel (USD/mt)
15,028.97-15,350.54
15,189.76
-20.08
Apr 30, 2025
#1 JinChuan Nickel (USD/mt)
15,283.8-15,350.54
15,317.17
-7.71
Apr 30, 2025
#1 JinChuan Nickel premium/discount (USD/mt)
254.83-291.24
273.03
+18.73
Apr 30, 2025
#1 Import Nickel (USD/mt)
15,028.97-15,095.71
15,062.34
-26.4
Apr 30, 2025
#1 Import Nickel premium/discount (USD/mt)
0-36.4
18.2
+0.04
Apr 30, 2025
Electro-deposited Nickel (USD/mt)
15,028.97-15,083.58
15,056.27
-32.47
Apr 30, 2025
Electro-deposited Nickel Premium (USD/mt)
0-24.27
12.13
-6.03
Apr 30, 2025
Nickel Briquettes (USD/mt)
14,968.3-15,010.77
14,989.53
-26.55
Apr 30, 2025

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Nickel Ore

Price description
icon
Price Range
Avg.
Change
Date
Indonesia Laterite Nickel Ore 1.2% (delivered to destination port) (USD/wmt)
23.5-24.5
24
-1.1
Apr 25, 2025
Indonesia Laterite Nickel Ore 1.3%（delivered to destination port） (USD/wmt)
25.5-26.5
26
0
Apr 25, 2025
Indonesia Laterite Nickel Ore 1.4%（delivered to destination port） (USD/wmt)
39.5-41.5
40.5
0
Apr 25, 2025
Indonesia Laterite Nickel Ore 1.5%（delivered to destination port） (USD/wmt)
45.5-47.5
46.5
0
Apr 25, 2025
Indonesia Laterite Nickel Ore 1.6% (delivered to destination port) (USD/wmt)
51.5-53.5
52.5
0
Apr 25, 2025
Indonesia Laterite Nickel Ore 1.2%（FOB） (USD/wmt)
16-18
17
-1
Apr 25, 2025
Indonesia Laterite Nickel Ore 1.3%（FOB） (USD/wmt)
18-20
19
0
Apr 25, 2025
Indonesia Laterite Nickel Ore 1.4%（FOB） (USD/wmt)
31.5-34.5
33
0
Apr 25, 2025
Indonesia Laterite Nickel Ore 1.5%（FOB） (USD/wmt)
37.5-38.5
38
0
Apr 25, 2025
Indonesia Laterite Nickel Ore 1.6%（FOB） (USD/wmt)
43-44
43.5
0
Apr 25, 2025
Ni0.9%,Fe49%,Al≥7%,CIF,Philippines (USD/wmt)
30-33
31.5
0
Apr 30, 2025
Ni0.9%,Fe49%,Al<7%,CIF,Philippines (USD/wmt)
36.5-38.5
37.5
0
Apr 30, 2025
Ni1.3%,Fe15-25%,CIF,Philippines (USD/wmt)
44-45
44.5
0
Apr 30, 2025
Ni1.4%,Fe15-25%,CIF,Philippines (USD/wmt)
52-53
52.5
0
Apr 30, 2025
Ni1.5%,Fe15-25%,CIF,Philippines (USD/wmt)
60-61
60.5
0
Apr 30, 2025
Ni1.8%,Fe15-20%,CIF,Others region (USD/wmt)
81-82
81.5
0
Apr 30, 2025
Ni0.9%,Fe49%,Al≥7% FOB,Philippines (USD/wmt)
16.5-20
18.25
0
Apr 30, 2025
Ni0.9%,Fe49%,Al<7%,FOB,Philippines (USD/wmt)
26-27.5
26.75
0
Apr 30, 2025
Ni1.3%,Fe15-25%,FOB,Philippines (USD/wmt)
34-36
35
0
Apr 30, 2025
Ni1.4%,Fe15-25%,FOB,Philippines (USD/wmt)
42-44
43
0
Apr 30, 2025
Ni1.8%,Fe15-20%,FOB (USD/wmt)
71-73
72
0
Apr 30, 2025
Ni1.5%,Fe15-25%,FOB,Philippines (USD/wmt)
50-52
51
0
Apr 30, 2025
Nickel Ore Freight Rates Philippines to Lianyungang Port (USD/mt)
9-10.5
9.75
0
Apr 30, 2025
Nickel Ore Freight Rates Philippines to Tianjin Port (USD/mt)
10-11
10.5
0
Apr 30, 2025

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NPI Price

Price description
icon
Price Range
Avg.
Change
Date
NPI (10-12%) (USD/mtu)
116.74-118.31
117.53
+0.24
Apr 30, 2025
NPI (10-12%) Indonesia (USD/mtu)
116.86-118.31
117.59
+0.24
Apr 30, 2025
High-grade NPI Index (USD/mtu)
117.84-117.84
117.84
+0.2
Apr 30, 2025
Low-Carbon High-Grade NPI Index (USD/ni)
118.75-118.75
118.75
+0.2
Apr 30, 2025
Indonesia NPI FOB Index (USD/mtu)
116.6-116.6
116.6
-1.6
Apr 25, 2025
NPI (8-12%) (USD/mtu)
116.49-118.31
117.4
+0.24
Apr 30, 2025
NPI(10-14%) Indonesia (USD/mtu)
117.1-118.92
118.01
+0.24
Apr 30, 2025
NPI (8-10%) (USD/mtu)
116.49-117.34
116.92
+0.24
Apr 30, 2025
NPI (12-14%) Indonesia (USD/mtu)
117.71-118.92
118.31
+0.24
Apr 30, 2025
NPI(Ni≥14%) Indonesia (USD/mtu)
118.31-120.13
119.22
+0.25
Apr 30, 2025
NPI (1.5-1.7%) (USD/mt)
418.65-430.79
424.72
+0.88
Apr 30, 2025
NPI (8-12%) Inner Mongolia (USD/mtu)
124.68-125.29
124.99
+0.23
Mar 31, 2025
NPI (8-12%) Jiangsu (USD/mtu)
125.05-125.65
125.35
+0.35
Mar 31, 2025
NPI (8-12%) Shandong (USD/mtu)
125.29-125.9
125.59
+0.48
Mar 31, 2025
NPI (8-12%) Liaoning (USD/mtu)
124.56-125.17
124.86
+0.23
Mar 31, 2025

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Stainless Steel

Price description
icon
Price Range
Avg.
Change
Date
201/2B Coil (Wuxi) (USD/mt)
970.79-995.05
982.92
+2.03
Apr 30, 2025
304/2B Coil - Burr Edge (Wuxi) (USD/mt)
1,565.39-1,589.66
1,577.53
+9.31
Apr 30, 2025
304/2B Coil - Deburred Edge (Wuxi) (USD/mt)
1,656.4-1,668.54
1,662.47
+15.54
Apr 30, 2025
304/No.1 Coil (Wuxi) (USD/mt)
1,516.85-1,541.12
1,528.99
+3.16
Apr 30, 2025
316L/2B coil (Wuxi) (USD/mt)
2,863.82-2,900.22
2,882.02
+30.17
Apr 30, 2025
316L/No.1 coil (Wuxi) (USD/mt)
2,766.74-2,803.14
2,784.94
+26.95
Apr 30, 2025
430/2B Coil (Wuxi) (USD/mt)
904.04-916.18
910.11
+1.88
Apr 30, 2025
409L/2B Coil (Wuxi) (USD/mt)
910.11-922.25
916.18
+1.89
Apr 30, 2025
201/2B Coil (Foshan) (USD/mt)
970.79-995.05
982.92
+2.03
Apr 30, 2025
304/2B Coil-EM (Foshan) (USD/mt)
1,565.39-1,589.66
1,577.53
+3.26
Apr 30, 2025
304/2B Coil-EC (Foshan) (USD/mt)
1,656.4-1,686.74
1,671.57
+12.54
Apr 30, 2025
304/No.1 Coil (Foshan) (USD/mt)
1,516.85-1,553.26
1,535.05
+3.17
Apr 30, 2025
316L/2B coil (Foshan) (USD/mt)
2,863.82-2,900.22
2,882.02
+18.06
Apr 30, 2025
316L/No.1 coil (Foshan) (USD/mt)
2,766.74-2,803.14
2,784.94
+26.95
Apr 30, 2025
430/2B Coil (Foshan) (USD/mt)
904.04-916.18
910.11
+1.88
Apr 30, 2025
409L/2B Coil (Foshan) (USD/mt)
904.04-928.31
916.18
+1.89
Apr 30, 2025
201/2B Coil (National Average Price) (USD/mt)
990.2-990.2
990.2
+2.05
Apr 30, 2025
304/2B Coil (National Average Price) (USD/mt)
1,579.35-1,579.35
1,579.35
+6.9
Apr 30, 2025
304/NO.1 Coil (National Average Price) (USD/mt)
1,533.84-1,533.84
1,533.84
+3.17
Apr 30, 2025
316/2B Coil (National Average Price) (USD/mt)
2,884.45-2,884.45
2,884.45
+26.55
Apr 30, 2025
430/2B Coil (National Average Price) (USD/mt)
911.93-911.93
911.93
+1.88
Apr 30, 2025
201 recharge (Foshan) (USD/mt)
603.34-644.48
623.91
+8.13
Apr 30, 2025
304 Scrap Stainless Steel Cut-Off (USD/mt)
1,316.38-1,330.1
1,323.24
+2.73
Apr 30, 2025
304 Edge Material (Foshan) (USD/mt)
1,288.96-1,330.1
1,309.53
+2.71
Apr 30, 2025
316 recharge (Shanghai) (USD/mt)
2,399.66-2,413.37
2,406.52
+18.66
Apr 30, 2025
316 recharge (Foshan) (USD/mt)
2,399.66-2,413.37
2,406.52
+18.66
Apr 30, 2025
430 recharge (Foshan) (USD/mt)
514.21-527.93
521.07
+1.08
Apr 30, 2025

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Nickel Compound

Price description
icon
Price Range
Avg.
Change
Date
Battery-Grade Nickel Sulphate (USD/mt)
3,375.91-3,439.01
3,407.46
+7.04
Apr 30, 2025
SMM Battery-Grade Nickel Sulphate Index (USD/mt)
3,376.03-3,376.03
3,376.03
+7.34
Apr 30, 2025
Electroplating-Grade Nickel Sulphate (USD/mt)
3,579.77-3,883.14
3,731.46
+7.71
Apr 30, 2025
Nickel Chloride NiCl₂·6H₂O (USD/mt)
4,186.51-4,368.53
4,277.52
+8.84
Apr 30, 2025
Nickel(II)oxide (USD/mt)
11,770.77-12,377.51
12,074.14
+24.95
Apr 30, 2025

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Nickel Intermediates

Price description
Price Range
Avg.
Change
Date
Indonesia MHP FOB (USD/nickel ton)
12,674-12,674
12,674
+25
Apr 30, 2025
MHP Coefficient (Against SMM Battery-Grade Nickel Sulphate Index) (%)
84-85
84.5
0
Apr 30, 2025
MHP Cobalt Element Pricing Coefficient (Against SMM Cobalt Sulphate Average Price) (%)
74-79
76.5
0
Apr 30, 2025
Indonesia High-grade Nickel Matte FOB (USD/nickel ton)
13,441-13,441
13,441
+105
Apr 30, 2025

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Auxiliary Material for Nickel

Price description
Price Range
Avg.
Change
Date
Sulfur (CIF Indonesia) (USD/mt)
290-300
295
0
Apr 30, 2025

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Premium and Discount

Price description
Price Range
Avg.
Change
Date
JinChuan B&C (USD/mt)
248.76-297.3
273.03
+9.65
Apr 30, 2025
Russian Nickel Premium (USD/mt)
(-6.07)-42.47
18.2
-9.04
Apr 30, 2025

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SHFE

Price description
Price
Open
High
Low
Vol.
Change
NI2505 (CNY/mt)
123,700
123,740
124,620
122,850
7,763
-600
NI2506 (CNY/mt)
123,720
123,860
124,850
123,510
129,214
-760
NI2507 (CNY/mt)
123,880
124,100
125,000
123,670
24,785
-710
NI2508 (CNY/mt)
124,120
124,270
125,170
124,000
5,378
-760
NI2509 (CNY/mt)
124,280
124,590
125,380
124,160
3,964
-730
NI2510 (CNY/mt)
124,580
124,950
125,520
124,400
224
-750
NI2511 (CNY/mt)
124,650
125,300
125,750
124,280
42
-740
NI2512 (CNY/mt)
124,900
125,310
125,850
124,860
47
-700
NI2601 (CNY/mt)
125,380
125,540
125,910
125,200
64
-450
NI2602 (CNY/mt)
125,510
126,200
126,310
125,510
16
-520
NI2603 (CNY/mt)
125,700
126,580
126,580
125,700
18
-650
NI2604 (CNY/mt)
125,750
126,200
126,200
125,700
19
-1,610

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LME

Price description
Price
Open
High
Low
Vol.
Change
LMEselect Nickel 3 Month (USD/mt)
15,325
15,335
15,335
15,335
71
-93

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SHFE/LME Ratio

Price description
Price
Open
High
Low
Change
SMM Spot/LME03
7.9531
7.9801
8.009
7.9378
-0.009
SHFE.NI2505/LME03
7.9422
7.9627
7.9807
7.8902
+0.003
SHFE.NI2506/LME03
7.9435
7.9704
7.9994
7.9281
-0.009
SHFE.NI2507/LME03
7.9538
7.9858
8.0077
7.9455
-0.008
SHFE.NI2508/LME03
7.9692
7.9968
8.0205
7.9564
-0.006
SHFE.NI2509/LME03
7.9795
8.0174
8.034
7.9692
-0.013
SHFE.NI2510/LME03
7.9987
8.0302
8.0469
7.9885
-0.005
SHFE.NI2511/LME03
8.0032
8.0501
8.0823
8.0032
-0.017
SHFE.NI2512/LME03
8.0193
8.0611
8.0829
8.0167
-0.008
SHFE.NI2601/LME03
8.0501
8.0629
8.1069
8.0411
+0.003
SHFE.NI2602/LME03
8.0584
8.1079
8.1359
8.0584
+0.015
SHFE.NI2603/LME03
8.0706
8.1297
8.1475
8.0704
-0.007
SHFE.NI2604/LME03
8.0764
8.0716
8.1505
8.0459
+0.036

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Import Arbitrage

Price description
Price
Open
High
Low
Change
Nickel import arbitrage(Spot) (CNY/mt)
-4,208.86
-3,803.34
-3,352.14
-4,405.55
-54.034
Nickel import arbitrage(NI2505) (CNY/mt)
-5,108.23
-4,845.29
-4,564.66
-5,906.18
+181.832
Nickel import arbitrage(NI2506) (CNY/mt)
-5,366.74
-5,005.17
-4,553.89
-5,563.07
-9.658
Nickel import arbitrage(NI2507) (CNY/mt)
-5,439.61
-5,100.09
-4,685.08
-5,532.97
+7.814
Nickel import arbitrage(NI2508) (CNY/mt)
-5,471.13
-5,032.06
-4,809.99
-5,712.99
+99.568
Nickel import arbitrage(NI2509) (CNY/mt)
-5,607.4
-5,104.91
-4,836.23
-5,731.62
-23.986
Nickel import arbitrage(NI2510) (CNY/mt)
-5,824.72
-5,442.26
-5,163.04
-6,093.71
+104.788
Nickel import arbitrage(NI2511) (CNY/mt)
-6,387.41
-5,804.24
-5,240.04
-6,394.69
-58.506
Nickel import arbitrage(NI2512) (CNY/mt)
-5,902.15
-5,395.44
-4,984.37
-6,093.35
+49.905

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