SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance CentreAnnouncements
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelSteel BilletCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltCathode Material11PhosphorusCarbon AnodeSeparatorElectrolyteBattery Cell And ModuleBattery RecyclingNickel And ManganeseOther MaterialsSodium-ion BatteryHydrogen Energy
Price CenterDatabaseProReportsEventsCar Insight
Home
 / Base Metals
 / Nickel
Futuresarrow
Base Metalsarrow
AluminumCopperZincNickelLeadTin
New Energyarrow
Ferrous Metalsarrow
Rare Eartharrow
Scrap Metalsarrow
Minor Metalsarrow
Precious Metalsarrow
SMM Indexarrow
MMiarrow
Exchange Ratearrow

Nickel prices

Switch to Originalswitch

Nickel Cathode

Price description
icon
Price Range
Avg.
Change
Date
SMM #1 Nickel (CNY/mt)
119,000-121,300
120,150
-950
Jul 09, 2025
#1 JinChuan Nickel (CNY/mt)
129,250-129,950
129,600
+1,050
Dec 25, 2024
#1 JinChuan Nickel premium/discount (CNY/mt)
4,000-4,400
4,200
-200
Dec 25, 2024
#1 Import Nickel (CNY/mt)
125,050-125,550
125,300
+1,200
Dec 25, 2024
#1 Import Nickel premium/discount (CNY/mt)
(-200)-0
-100
-50
Dec 25, 2024
Electro-deposited Nickel (CNY/mt)
125,000-125,950
125,475
+25
Jul 07, 2025
Nickel Briquettes (CNY/mt)
124,750-125,150
124,950
+1,250
Dec 25, 2024

Change orientation to land scape to view the price table

icon

Nickel Ore

Price description
icon
Price Range
Avg.
Change
Date
Indonesia laterite nickel ore 1.2% (delivered duty unpaid) (USD/wmt)
20-24
22
0
Feb 07, 2025
Indonesia laterite nickel ore 1.6% (delivered duty unpaid) (USD/wmt)
43-45
44
0
Jan 14, 2025
Ni0.9%,Fe49%,Al≥7%,CIF,Philippines (USD/wmt)
30-32
31
0
Dec 25, 2024
Ni0.9%,Fe49%,Al<7%,CIF,Philippines (USD/wmt)
36-37
36.5
0
Dec 25, 2024
Ni1.3%,Fe15-25%,CIF,Philippines (USD/wmt)
37-39
38
0
Dec 25, 2024
Ni1.4%,Fe15-25%,CIF,Philippines (USD/wmt)
44-46
45
0
Dec 25, 2024
Ni1.5%,Fe15-25%,CIF,Philippines (USD/wmt)
51-53
52
0
Dec 25, 2024
Ni1.8%,Fe15-20%,CIF (USD/wmt)
70-72
71
0
Dec 25, 2024
Ni0.9%,Fe49%,Al≥7% FOB,Philippines (USD/wmt)
16-19
17.5
0
Dec 25, 2024
Ni0.9%,Fe49%,Al<7%,FOB,Philippines (USD/wmt)
25-26
25.5
0
Dec 25, 2024
Ni1.3%,Fe15-25%,FOB,Philippines (USD/wmt)
28-29
28.5
0
Dec 25, 2024
Ni1.4%,Fe15-25%,FOB,Philippines (USD/wmt)
35-36
35.5
0
Dec 25, 2024
Ni1.8%,Fe15-20%,FOB (USD/wmt)
61-64
62.5
0
Dec 25, 2024
Ni1.5%,Fe15-25%,FOB,Philippines (USD/wmt)
42-43
42.5
0
Dec 25, 2024
Nickel Ore Freight Rates Philippines to Lianyungang Port (USD/mt)
8-8.5
8.25
0
Dec 25, 2024
Nickel Ore Freight Rates Philippines to Tianjin Port (USD/mt)
8.5-9.5
9
0
Dec 25, 2024

Change orientation to land scape to view the price table

icon

NPI Price

Price description
icon
Price Range
Avg.
Change
Date
High-grade NPI Index (CNY/mtu)
1,002.76-1,002.76
1,002.76
-0.74
Sep 04, 2024
Low-Carbon High-Grade NPI Index (CNY/Ni)
1,012.4-1,012.4
1,012.4
-0.6
Sep 04, 2024
Indonesia NPI FOB Index (USD/mtu)
117.51-117.51
117.51
-5.69
Sep 19, 2025
NPI (8-12%) (CNY/mtu)
935-945
940
0
Dec 25, 2024
NPI(10-14%) Indonesia (CNY/mtu)
942-948
945
0
Dec 25, 2024
NPI(Ni≥14%) Indonesia (CNY/mtu)
948-962
955
0
Dec 25, 2024
NPI (1.5-1.7%) (CNY/mt)
3,400-3,500
3,450
0
Dec 25, 2024

Change orientation to land scape to view the price table

icon

Stainless Steel

Price description
icon
Price Range
Avg.
Change
Date
201/2B Coil (Wuxi) (CNY/mt)
7,395-7,600
7,497.5
-2.5
Jul 02, 2025
304/2B Coil - Burr Edge (Wuxi) (CNY/mt)
12,950-13,200
13,075
-25
Dec 25, 2024
304/2B Coil - Deburred Edge (Wuxi) (CNY/mt)
13,600-13,800
13,700
0
Dec 25, 2024
304/No.1 Coil (Wuxi) (CNY/mt)
12,400-12,500
12,450
0
Dec 25, 2024
316L/2B coil (Wuxi) (CNY/mt)
23,600-23,800
23,700
-50
Dec 25, 2024
316L/No.1 coil (Wuxi) (CNY/mt)
22,400-22,500
22,450
0
Dec 25, 2024
430/2B Coil (Wuxi) (CNY/mt)
7,150-7,450
7,300
0
Dec 25, 2024
409L/2B Coil (Wuxi) (CNY/mt)
7,300-7,600
7,450
0
Dec 25, 2024
201/2B Coil (Foshan) (CNY/mt)
7,500-7,800
7,650
0
Dec 25, 2024
304/2B Coil-EM (Foshan) (CNY/mt)
12,900-13,250
13,075
-25
Dec 25, 2024
304/2B Coil-EC (Foshan) (CNY/mt)
13,700-13,900
13,800
0
Dec 25, 2024
304/No.1 Coil (Foshan) (CNY/mt)
12,450-12,550
12,500
0
Dec 25, 2024
316L/2B coil (Foshan) (CNY/mt)
24,000-24,200
24,100
0
Dec 25, 2024
316L/No.1 coil (Foshan) (CNY/mt)
22,600-23,000
22,800
0
Dec 25, 2024
430/2B Coil (Foshan) (CNY/mt)
7,250-7,450
7,350
0
Dec 25, 2024
409L/2B Coil (Foshan) (CNY/mt)
7,350-7,650
7,500
0
Dec 25, 2024
201/2B Coil (National Average Price) (CNY/mt)
7,730-7,730
7,730
0
Dec 25, 2024
304/2B Coil (National Average Price) (CNY/mt)
13,120-13,120
13,120
-10
Dec 25, 2024
304/NO.1 Coil (National Average Price) (CNY/mt)
12,490-12,490
12,490
0
Dec 25, 2024
316/2B Coil (National Average Price) (CNY/mt)
23,855-23,855
23,855
-35
Dec 25, 2024
430/2B Coil (National Average Price) (CNY/mt)
7,340-7,340
7,340
0
Dec 25, 2024
201 recharge (Foshan) (CNY/mt)
4,400-4,700
4,550
0
Dec 25, 2024
304 Scrap Stainless Steel Cut-Off (CNY/mt)
9,450-9,550
9,500
0
Dec 25, 2024
304 Edge Material (Foshan) (CNY/mt)
9,450-9,750
9,600
0
Dec 25, 2024
316 recharge (Shanghai) (CNY/mt)
17,300-17,500
17,400
0
Dec 25, 2024
316 recharge (Foshan) (CNY/mt)
17,300-17,500
17,400
0
Dec 25, 2024
430 recharge (Foshan) (CNY/mt)
3,800-3,900
3,850
0
Dec 25, 2024

Change orientation to land scape to view the price table

icon

Nickel Compound

Price description
icon
Price Range
Avg.
Change
Date
testNickel Sulfate (Battery Grade) (CNY/mt)
26,000-26,920
26,460
+10
Dec 25, 2024
SMM Nickel Sulfate Index(Battery Grade) (CNY/mt)
28,174-28,174
28,174
0
Sep 04, 2024
Nickel Sulfate (Electroplating Grade) (CNY/mt)
30,000-32,000
31,000
0
Dec 25, 2024
Nickel Chloride (CNY/mt)
35,000-36,500
35,750
0
Dec 25, 2024
Nickel Oxide (CNY/mt)
100,000-106,000
103,000
0
Dec 25, 2024

Change orientation to land scape to view the price table

icon

Nickel Intermediates

Price description
Price Range
Avg.
Change
Date
Indonesia MHP FOB (USD/nickel ton)
12,854-12,854
12,854
-55
Oct 25, 2024
MHP Coefficient (Index for SMM Nickel Sulfate index(Battery Grade)) (%)
78-79
78.5
0
Dec 25, 2024
Cobalt (in MHP) Coefficient (Co≥2%) (%)
65-69
67
0
Dec 25, 2024
Indonesia High-grade Nickel Matte FOB (USD/nickel ton)
13,703-13,703
13,703
-101
Oct 25, 2024

Change orientation to land scape to view the price table

icon

Premium and Discount

Price description
Price Range
Avg.
Change
Date
JinChuan B&C (CNY/mt)
3,950-4,250
4,100
-150
Dec 25, 2024
Russian Nickel Premium (CNY/mt)
(-250)-(-150)
-200
0
Dec 25, 2024

Change orientation to land scape to view the price table

icon

SHFE

Price description
Price
Open
High
Low
Vol.
Change
NI2510 (CNY/mt)
120,990
121,690
122,260
120,940
72,547
-1,040
NI2511 (CNY/mt)
121,200
121,650
122,480
121,150
46,829
-960
NI2512 (CNY/mt)
121,440
121,780
122,620
121,380
11,519
-850
NI2601 (CNY/mt)
121,610
122,030
122,830
121,560
8,223
-910
NI2602 (CNY/mt)
121,880
122,380
122,930
121,810
115
-840
NI2603 (CNY/mt)
122,010
122,780
123,110
122,010
140
-820
NI2604 (CNY/mt)
122,550
122,840
123,380
122,550
13
-420
NI2605 (CNY/mt)
122,560
123,200
123,690
122,430
239
-760
NI2606 (CNY/mt)
122,590
123,250
123,790
122,590
40
-730
NI2607 (CNY/mt)
123,100
123,350
123,740
123,100
9
-510
NI2608 (CNY/mt)
123,400
124,070
124,200
123,400
22
-670
NI2609 (CNY/mt)
123,530
124,040
124,040
123,530
8
-770

Change orientation to land scape to view the price table

icon

LME

Price description
Price
Open
High
Low
Vol.
Change
LMEselect Nickel 3 Month (USD/mt)
15,275
15,385
15,395
15,265
860
-130

Change orientation to land scape to view the price table

icon

SHFE/LME Ratio

Price description
Price
Open
High
Low
Change
SMM Spot/LME03
7.9201
7.951
7.951
7.9104
-0.014
SHFE.NI2510/LME03
7.9201
7.951
7.951
7.9104
-0.014
SHFE.NI2511/LME03
7.9345
7.9484
7.9556
7.926
-0.013
SHFE.NI2512/LME03
7.9502
7.9569
7.9674
7.9364
-0.009
SHFE.NI2601/LME03
7.9614
7.9732
7.9791
7.9481
-0.011
SHFE.NI2602/LME03
7.9791
7.9778
7.9993
7.9526
-0.012
SHFE.NI2603/LME03
7.9876
8.0039
8.028
7.9584
-0.019
SHFE.NI2604/LME03
8.0229
8.0183
8.043
7.9767
+0.025
SHFE.NI2605/LME03
8.0236
8.0339
8.0495
7.9942
-0.012
SHFE.NI2606/LME03
8.0255
8.0424
8.0698
8.0084
-0.021
SHFE.NI2607/LME03
8.0589
8.0489
8.0691
8.0123
+0.037
SHFE.NI2608/LME03
8.0786
8.0487
8.1018
8.0482
+0.012
SHFE.NI2609/LME03
8.0871
8.0834
8.096
8.0607
-0.007

Change orientation to land scape to view the price table

icon

Import Arbitrage

Price description
Price
Open
High
Low
Change
Nickel import arbitrage(Spot) (CNY/mt)
-3,378.417
-2,694.8744
-2,694.8744
-3,426.5928
-308.913
Nickel import arbitrage(NI2510) (CNY/mt)
-3,942.6097
-3,278.7626
-3,278.7626
-3,990.714
-288.699
Nickel import arbitrage(NI2511) (CNY/mt)
-3,918.9851
-3,511.3916
-3,415.0931
-3,977.9963
-278.213
Nickel import arbitrage(NI2512) (CNY/mt)
-3,889.3313
-3,567.5947
-3,421.0302
-3,997.6849
-252.687
Nickel import arbitrage(NI2601) (CNY/mt)
-4,033.7181
-3,638.3713
-3,561.525
-4,071.0012
-257.621
Nickel import arbitrage(NI2602) (CNY/mt)
-3,818.2712
-3,895.5765
-3,509.2496
-4,238.5578
-132.446
Nickel import arbitrage(NI2603) (CNY/mt)
-4,147.3922
-3,695.735
-3,381.7335
-4,354.7136
-408.707
Nickel import arbitrage(NI2604) (CNY/mt)
-4,038.6222
-3,903.4402
-3,532.0693
-4,484.4279
+270.876
Nickel import arbitrage(NI2605) (CNY/mt)
-4,554.121
-4,224.8642
-4,034.8166
-4,762.768
-265.611

Change orientation to land scape to view the price table

icon
icon
icon
App Store
icon
Google Play
icon
APK
icon
Live chat via WhatsApp
icon
Help us know your opinions in 1minutes.
icon
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.