3-Month Nickel Commodity Futures Price Falls to US$17,165/Ton (Wednesday, March 18, 2026)

The 3-month nickel commodity futures price for Wednesday, March 18, 2026 trading fell. Today's 3-month nickel commodity futures price was recorded at US$17,165 per ton. This figure is lower than the previous day's trading which stood at US$17,420 per ton. The current condition is similar to the movement of the 3-month nickel commodity futures price in the last day, which was in an upward trend.

In the last week, the 3-month nickel commodity futures price movement fell by -1.77% with an average daily trading price of US$17,440 per ton. Meanwhile, compared to the price at the start of the year, this nickel commodity price has risen by 1.48%. Even from its highest price this year at US$17,350 per ton, the 3-month nickel commodity futures price has fallen by 1.07%.

(Read: 3-Month Wheat Futures Price - US Wheat Futures Traded at 605.1 Bushels This Morning (Thursday, March 19, 2026))

Annually, the average 3-month nickel commodity futures trading price over the last five years has been in a downward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months tend to rise. The highest monthly average nickel commodity price was recorded in January 2026 at US$18,030 per ton.

(Read: Silver Price Has Been Falling for Three Consecutive Days)

Citing previous Katadata news, Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan projected that the value of nickel derivative exports could reach US$60 billion or around Rp927.84 trillion in 2025. This is due to the downstreaming of nickel into electric vehicles (EVs). In 2022, the value of nickel and its derivative exports reached US$34.28 billion or Rp530.1 trillion.