Ni
Nickel
Critical for high-energy density cathodes in lithium-ion batteries, particularly in NMC and NCA chemistries.
Current Spot Price
$17,250USD/tonne
+3.2%vs. last month
Last updated: February 19, 2026
3.3M
Global Production
tonnes/year
+38%
Battery Grade Demand
YoY
Indonesia
Top Producer
~37% share
Stable
Market Outlook
Q1 2026
6-Month Price Trend
Historical spot price movement
Aug 2025
$16,200
Sep 2025
$16,500
Oct 2025
$16,800
Nov 2025
$17,000
Dec 2025
$17,100
Jan 2026
$17,250
Primary Applications
EV Batteries48%
Stainless Steel32%
Alloys12%
Other Industrial8%
Top Producing Countries
Indonesia37%
Philippines16%
Russia13%
New Caledonia9%
Other25%
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Disclaimer: All prices and data displayed are for demonstration purposes only. This is not real market data.