3-Month Nickel Commodity Futures Price Rises to US$17,810/Ton (Tuesday, February 24, 2026)

The 3-month nickel commodity futures price for Tuesday, February 24, 2026 trading session rose. Today's 3-month nickel futures price was recorded at US$17,810 per ton. This figure is higher than the previous day's trading price of US$17,570 per ton. The current condition contrasts with the downward trend of the 3-month nickel futures price over the last five days.

Over the past week, the 3-month nickel futures price has increased by 4.7% with an average daily trading price of US$17,260 per ton. Compared to the start of the year, this nickel commodity price has risen by 5.29%. Even from its highest price this year of US$18,975 per ton, the 3-month nickel futures price has fallen by 6.14%.

(Read: 3-Month Wheat Futures Price - US Wheat Futures Rises to 574.9 Bushel Level (Wednesday, February 25, 2026))

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

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