3-Month Nickel Commodity Price Traded at US$18,560/Ton in the Morning (Friday, April 17, 2026)

The 3-month forward nickel commodity price for Friday, April 17, 2026 trading rose. Today's 3-month forward nickel commodity price transaction was recorded at US$18,560 per ton. This figure is higher than the previous day's trading at US$18,265 per ton. The current condition is similar to the upward trend in the 3-month forward nickel commodity price over the last day.

Over the past week, the 3-month forward nickel commodity price movement grew by 6.94% with an average daily transaction price of US$17,880 per ton. According to calculations by the Katadata Insight Center (KIC), year-to-date (ytd), the nickel commodity price has risen by 9.73%. Even from this year's highest price of US$17,350 per ton, the 3-month forward nickel commodity price has fallen by 6.97%.

(Read: 3-Month Wheat Contract Price - US Wheat Futures Traded at 591.25 Bushel in the Morning (Friday, April 17, 2026))

Annually, the average 3-month forward nickel commodity price transaction over the last five years has been on 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.

(Read: Silver Price Rises to US$81,842/Troy Ounce Level (Friday, April 17, 2026))

The Coordinating Ministry for Maritime Affairs and Investment recorded that in the first half of 2023, the year-on-year value of nickel and its derivative exports reached US$19.47 billion or equivalent to Rp301 trillion. In 2022, the export value of this commodity reached US$34.28 billion or Rp530.1 trillion. Exports of nickel and its derivatives are predicted to rise up to 20 times by 2025 due to the Indonesian government's downstreaming program.