3-Month Nickel Commodity Price Rises Toward US$18,800/Ton (Friday, April 24, 2026)
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The 3-month forward nickel commodity price for trading on Friday, April 24, 2026 rose. Today's 3-month forward nickel commodity price was recorded at US$18,800 per ton. This figure is higher than the previous day's trading at US$18,625 per ton. The current situation completes the upward trend of the 3-month forward nickel commodity price over the last four days.
Over the past week, the 3-month forward nickel commodity price movement grew by 2.45% with an average daily trading price of US$18,450 per ton. Meanwhile, compared to the position 30 days ago, the nickel commodity price movement has grown by 8.05%. So far this year, the highest trading value for nickel commodities was transacted at US$17,350 per ton on Friday, February 20, 2026.
Annually, the average trading price of the 3-month forward nickel commodity over the last five years has been in a downward trend. Meanwhile, for monthly price monitoring, transactions over 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.
(Read: Copper Price Traded at US$6.03/Lb This Morning (Friday, April 24, 2026))
As reported by Katadata, Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan said that the value of nickel and its derivative 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 claims that the downstreaming program has made the national economy better and more stable. This is reflected in the equitable distribution of development within the country.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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