How much is a kilo of nickel?

Nickel Price Price; 1 Ton = 1,000 Kilograms Nickel Price Per 1 Kilogram 16.00 USD

Why are nickel prices lurching?

Lurching swings in price are fundamental to the nickel market, with 90-day volatility over the past 10 years markedly higher than for other LME-traded metals: The potential for processing lower-grade Class 2 nickel into higher-grade Class 1 product, however, should ensure that prices move back into line over time.

Is a nickel price rally good news?

Already at an all-time high by 5:42 a.m., it lurched higher in stomach-churning leaps, soaring $30,000 in a matter of minutes. Just after 6 a.m., the price of nickel passed $100,000 a ton. For participants in commodities exchanges, a price rally is not necessarily good news.

Where can I buy nickel futures?

Nickel futures are available for trading in The London Metal Exchange (LME). The standard contact has a weight of 6 tonnes. The nickel prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments.