Nickel Commodity Price for 3-Month Forward Contract Traded at US$17,780 /Ton This Morning (Friday, 19 June 2026)

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Agus Dwi Darmawan 21/06/2026 10:33 WIB
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Nickel Commodity Prices Over The Last Three Months
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Westmetall recorded that the nickel commodity price for 3-month forward contracts fell by 1.06% today to the level of US$ 17,780 per ton. This price drop is relatively large compared to the average price movement over the past week.

This week, nickel commodity prices recorded their highest surge on Monday, 15 June 2026 at 0.95%. It has strengthened by 5.11% compared to the start of the year position.

(Read: Wheat Price Three Month Contract - US Wheat Futures Drops to 614 Bushel Level (Thursday, 18 June 2026))

Current conditions mirror the downward trend observed in 3-month forward nickel commodity price movements over the last 24 hours.

Over the past week, the 3-month forward nickel commodity price gained 1.02%, with an average daily transaction price of US$17,860 per ton. Calculations from Katadata Insight Center (KIC) show that year-to-date (ytd), this nickel price has increased by 5.11%. Meanwhile, the highest traded value for nickel this year was recorded at US$19,675 per ton on Wednesday, 06 May 2026.

On an annual basis, the average trading price for 3-month forward nickel contracts has been on a downward trend over the last five years. Meanwhile, monthly price monitoring shows an upward tendency over the past 12 months. The highest monthly average nickel price was recorded in May 2026 at US$19,010 per ton.

(Read: Silver Price Drops to US$64.91 /Troy Ounce Level (Friday, 19 June 2026))

As reported by Katadata, Indonesia's Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan stated that nickel and nickel derivative exports were only valued at US$3 billion in 2015. These exports are projected to increase 20-fold by 2025 due to the Indonesian government's downstream industrialization program. Luhut claimed this program has improved and stabilized the national economy, as reflected in more equitable domestic development.

"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."

Market Data

Macro update by
21 June 2026
Macro
Exchange Rates
Commodities
Employment
Name Value %
Inflasi yoy (Mei) 3,08% +0.66
Inflasi mom (Mei) 0,28% +0.15
Economic growth 5,11% +0.08
Pertumbuhan ekonomi (yoy) (Q1) 5,61% +4.08
Persentase kemiskinan (Des) 7,50% -0.75
Gini rasio (Sem2) 0,38 0.00
Nilai Tukar USDIDR 17.809 +0.59
PDB ADHK (Q1) 3.447,70 -0.77
Neraca perdagangan (Apr) 89,10 -97.32
Ekspor Migas (Apr) 1,16 -9.81
Impor Migas (Apr) 4,60 +45.09
Ekspor (Apr) 25,30 +12.32
Impor (Apr) 25,21 +31.28
Kunjungan Wisman (Apr) 1,25 +14.75
NTP (Mei) 113,79 +1.34

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