3-Month Nickel Commodity Price Rises Toward US$17,890/Ton Level (Friday, February 27, 2026)

The 3-month forward nickel commodity price for Friday, February 27, 2026 trading rose. Today's 3-month forward nickel commodity price was recorded at US$17,890 per ton. This figure is higher than the previous day's trading at US$17,720 per ton. The current condition is similar to the upward trend of the 3-month forward nickel commodity price in the last day.

In the last week, the 3-month forward nickel commodity price movement grew 4.87% with an average daily trading price of US$17,640 per ton. Meanwhile, compared to the position 30 days ago, the nickel commodity price movement has grown 0.36%. So far this year, the highest trading value for nickel commodity was transacted at US$17,350 per ton on Friday, February 20, 2026.

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

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As reported by Katadata, Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan said the value of nickel and its derivatives exports in 2015 was only US$3 billion. Exports of nickel and its derivatives are predicted to rise up to 20 times by 2025 due to Indonesia's government downstreaming program. Luhut claimed the downstreaming program has made the national economy better and stable. This is reflected in the equitable distribution of development in the country.