The data displays the average commodity price for nickel in selected years between 1980 and 2017. In 2017, nickel had an average price of approx. 10,410 USD per metric ton.
Global nickel market
Within the two last decades the average nickel price nearly doubled, then decreased to similar levels again. In 2000, nickel was valued at about 8,638 USD per metric ton. By 2011, nickel was valued at 22,910 USD per metric ton. As of 2017, the price of nickel decreased to 10,410 USD per metric ton.
In 2017, Indonesia produced some of the biggest volumes of nickel from mines in the world, totaling 400 thousand metric tons, while the Philippines produced 230 thousand metric tons.
