Nickel Price Forecast: Top Trends for Nickel in 2026
Nickel prices were stagnant in 2025, trading around US$15,000 per metric ton (MT) for much of the year. The metal’s primary price motivation stemmed from persistent oversupply from Indonesian operations. Overall, sentiment remained weak amid soft demand growth from the construction and manufacturing sectors, and declining interest in nickel as electric vehicle (EV) battery makers
