Nickel Price — China Factory EXW 2026

Nickel price Spec: China national standards;Ni9990;≥99.96%

China EXW, VAT excluded

Newest China EXW USD 17,250 / MT · VAT excluded +6900.4425 (67.00%) as of 20210323

Newest Price 17,250

Price Date 20210323

Day's Change +6,900.44

Day's Range 17,250 - 24,150.44

Month's Change -11,357.67

Month's Range 17,250 - 5,892.33

Year's Change +6,488.94

Year's Range 17,250 - 10,761.06

China's nickel import mix already includes Russia, Australia, South Africa, and New Caledonia, offering some buffer. But the real hedge is technology substitution—BYD's second-gen...

Also known as ACTIMET 8040P, ACTIMET C, C.I. 77775, Nickel wire, 1.0mm (0.04 in.) dia., Annealed

Opinions

Can Indonesia and the Philippines form a 'nickel OPEC' to control prices, and what does it mean for Chinese buyers?

China's nickel import mix already includes Russia, Australia, South Africa, and New Caledonia, offering some buffer. But the real hedge is technology substitution—BYD's second-generation blade battery reduces nickel dependence, directly undermining Indonesia's strategic leverage over the EV supply chain.

How do Indonesia's new nickel pricing rules and export controls affect Chinese smelters and global supply chains?

Indonesia's leverage is weaker than it appears. Chinese firms control the core smelting technology and process parameters—local operators cannot replicate them. If Chinese capital and expertise withdraw, Indonesia's output quality drops, as seen with impurity levels rising by 0.8 percentage points, forcing discounts for low-grade material.

Indonesia's Weda Bay nickel mine output cut: how will it impact global nickel prices?

The real question is whether Indonesia can enforce these quotas. Reports suggest approved RKAB quotas could be revised upward from 2.6 billion tonnes to 3.6 billion, which would quickly deflate the supply-tightening narrative. Watch for policy reversals—they have happened before.

Nickel price context

What drives Nickel prices

Can Indonesia and the Philippines form a 'nickel OPEC' to control prices, and what does it mean for Chinese buyers?: China's nickel import mix already includes Russia, Australia, South Africa, and New Caledonia, offering some buffer. But the real hedge is technology substituti...

How do Indonesia's new nickel pricing rules and export controls affect Chinese smelters and global supply chains?: Indonesia's leverage is weaker than it appears. Chinese firms control the core smelting technology and process parameters—local operators cannot replicate them...

How we assess Nickel price

China factory / mainstream market EXW quotes (VAT excluded where shown) - not a single global public index

Regional and specification detail so buyers can compare like-for-like grades

Landed cost figures from our calculator are planning estimates, not a customs ruling

Overview

Nickel (CAS 7440-02-0) is a silvery-white, hard, ferromagnetic metal with a density of 8.9 g/mL, a melting point of 1453 °C, and a boiling point of 2732 °C; it is insoluble in water. It is a critical industrial metal used primarily as an alloying element and in battery materials.

Stainless steel: accounts for roughly 70% of global nickel consumption, where nickel imparts toughness and corrosion resistance.
Batteries: high-nickel ternary lithium batteries use nickel to raise energy density and extend range in electric vehicles.
Aerospace & energy: high-purity electrolytic nickel is required for nickel-based superalloys in aircraft engines, gas turbines, and nuclear power.
Plating & chemicals: used in electroplating and as a catalyst in various chemical processes.

China consumes over 60% of global nickel but holds limited domestic reserves, relying on imports for about 90% of supply, mainly from Indonesia and the Philippines. Indonesian laterite ore is processed via energy-intensive pyrometallurgy for nickel pig iron or high-pressure acid leaching for mixed hydroxide precipitate, with the latter increasingly important for battery-grade nickel. Indonesia's 2026 export quotas and pricing reforms have raised costs for Chinese smelters operating there.

Key domestic producers:
Huayou Cobalt – global leader in HPAL nickel capacity with integrated Indonesia projects.
GEM Co., Ltd. – battery materials and recycling with Indonesian MHP capacity.
Tsingshan Group – major stainless steel and nickel pig iron producer in Indonesia.
Jinchuan Group – large domestic sulfide nickel miner and refiner.

Properties

Name

Nickel

ACTIMET 8040P

ACTIMET C

C.I. 77775

Nickel wire, 1.0mm (0.04 in.) dia., Annealed

CAS Number

7440-02-0

EINECS No.

231-111-4

Risk Codes

S26;S45;S60;S61;S36;S22;S36/37;S16;S15;S5;S36/37/39;S43;S28

Safety Description

R34;R50/53;R43;R40;R10;R17;R52/53;R48/23

HS Code

7502100000

Cookie Preferences

Essential Cookies

Analytics Cookies

ChemPriceHub

Nickel price Spec: China national standards;Ni9990;≥99.96%

Recent market notes

Please provide the Chinese text you would like me to translate into professional English.

Prompt