🇨🇳Live Nickel Price Per 1 Scrap Nickel Kg Today in China
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
CN¥128,365.44
$18,914.15
Nickel Futures
Market contract projection
CN¥128,365.44
$18,914.15
Nickel Ingot
Raw B2B manufacturing blocks
CN¥128,365.44
$18,914.15
Per Kilogram (Kg)
Standard metric unit
CN¥128.37
$18.91
Per Pound (lb)
Imperial unit
CN¥58.23
$8.58
Scrap Nickel (Kg)
Recycled alloys & batteries baseline
CN¥128.37
$18.91
Current Nickel Price per 1 Scrap Nickel Kg in China
Explore the most detailed guide for up-to-the-minute Nickel prices in China. Right now, the price of Nickel per 1 Scrap Nickel Kg stands as a critical indicator for the EV battery industry across the region. Our platform provides instant updates sourced directly from the London Metal Exchange (LME), ensuring you have the most accurate pricing in CNY.
In the last 24 hours, the Nickel market in China has shown interesting fluctuations. Investors and industrial buyers are closely watching the 1 Scrap Nickel Kg price as it reacts to geopolitical shifts in major mining regions. Short-term projections suggest that if industrial demand remain strong, the baseline LME price could see further consolidation. Conversely, any unexpected supply surpluses might trigger a price correction in CNY.
Current investor outlook for Nickel leans heavily bullish. The transition to green energy means long-term usage is virtually guaranteed. Local manufacturers in China are securing inventory to hedge against future price spikes. Furthermore, recycling facilities report high turnover rates, indicating a healthy circular economy that supports the overall pricing structure.
Industrial Nickel Form Analysis & Applications
This vital industrial metal is extensively used in stainless steel across China. As electric vehicle adoption grows, the demand for corrosion-resistant nickel is reaching new heights. Tracking the price of Nickel per 1 Scrap Nickel Kg allows battery makers to predict market shifts with high precision.
Roughly 70% of all Nickel is used to produce stainless steel. It enhances the metal's formability, weldability, and resistance to corrosion.
The fastest-growing segment for Class 1 Nickel is battery manufacturing, particularly for NMC and NCA EV batteries, boosting energy density and driving range.
The Secondary Market: Nickel Scrap in China
The secondary market for Nickel in China is highly robust. Since recycling nickel maintains its quality indefinitely, the scrap value remains tightly correlated to the LME baseline. Whether you are trading industrial alloys, knowing the live rate per 1 Scrap Nickel Kg in CNY is crucial for securing the best profit margins.
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