How much is a kilo of nickel?

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

Why is nickel so expensive?

Though nickel is the fifth most abundant element found on Earth, as with any commodity, the price of nickel can vary widely depending on global market conditions. Following the collapse of the Soviet Union, exports of nickel increased dramatically, dropping the price of nickel in the mid-1990s to below production costs.

Why did the nickel price rise in 2022?

Thus, the nickel price has increased considerably in recent years, though it continuously fluctuates. In the beginning of 2022, however, the price of nickel skyrocketed due to disruptions to supply chains and a wide scarcity of raw materials and metals.

What are metal price charts based on?

Charts and rate are based on our daily price updates. Metal Price Fixings? For market traded base metals and industrial metals, pricing is set by the market participants, but precious metal prices including gold, silver, platinum and palladium are set or "fixed" several times each day by "market makers".

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