|Product Name||Nickel Prices|
|Molecular Weight||58.693 g/mol|
|Synonyms||7440-02-0, Raney alloy|
|Region/Countries for which Data is available||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand|
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece,
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||Our services can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after service delivery|
Request for Real Time Nickel Prices: https://www.procurementresource.com/resource-center/nickel-price-trends/pricerequest
Nickel (Ni) is an abundantly available element present in nature. It is hard, ductile, corrosion resistant and has a whitish-silvery colour with a golden tint. It can be combined with other metals like copper, zinc, iron, chromium, etc., to make different types of alloys.
Nickel belongs to the class of transition metals. It is extracted from two ores, including laterites and magmatic sulfides. Nickel alloys are employed in making coins, jewellery, and items such as valves and heat exchangers.
Indonesia, Philippines, Russia, New Caledonia, Australia, Canada, China, Brazil, and United States are the world’s leading Nickel producing countries.
Key Details About the Nickel Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Nickel price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Nickel price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Nickel Price Trend:
Industrial uses like the element’s primary use in making coins is impacting the Nickel price trend. It is used for making wires. Due to its anti-corrosion properties, it is used in rocket engines and gas turbines at extreme temperatures. It is mixed with other substances to produce several alloys further employed in making nails, armour plating, and pipes. Monel (an alloy of copper and nickel) is corrosion resistant, so it is used in desalination plants and in propeller shafts in boats.
Key Market Players:
- Umicore N.V
- American Elements
- Vale S.A.
- Jinchuan Group International Resources Co. Ltd
- MMC Norilsk Nickel PJSC
- Glencore plc
- PT Timah (Persero) Tbk
News and Events:
- September 20, 2022 – The London Metal Exchange aims to protect itself from legal action taken in early March by five investment firms over a decision made by the exchange to suspend nickel trading.
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