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BTCC / Hashtag / nickel price forecast today
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What is the nickel price forecast for 2025?

Wallet Investor’s nickel price forecast for 2025 saw the metal hitting $43,956.62 per tonne in December 2025 and reaching $54,298.97 in November 2027. The service did not offer a forecast beyond 2027. Fitch Ratings expected the nickel price to drop to $20,000/tonne in 2023 from $25,000 in 2022.

What was the average price of nickel in September?

Nickel prices averaged USD 19,645 per metric ton in September, 3.9% lower than August’s price of USD 20,446 per metric ton. Meanwhile, the average price for nickel in August was down 13.7% year on year. On 29 September, nickel traded at USD 18,440 per metric ton, down 8.2% month on month.

Will nickel prices remain bearish this year?

ING’s Manthey predicted that nickel prices would remain bearish in the short term due to a deteriorating macroeconomic picture and sustained market surplus. She predicted that continued weakness in demand from the stainless steel sector, which accounts for 70% of nickel consumption, would keep the global nickel market in surplus this year.

How are nickel prices displayed in trading economics?

The nickel prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our nickel prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.

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