🇮🇩Live Nickel Price Per 1 Kg Today in Indonesia
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
IDR 337,826,437
$18,914.15
Nickel Futures
Market contract projection
IDR 337,826,437
$18,914.15
Nickel Ingot
Raw B2B manufacturing blocks
IDR 337,826,437
$18,914.15
Per Kilogram (Kg)
Standard metric unit
IDR 337,827
$18.91
Per Pound (lb)
Imperial unit
IDR 153,235
$8.58
Scrap Nickel (Kg)
Recycled alloys & batteries baseline
IDR 337,827
$18.91
Live Nickel Price per 1 Kg in Indonesia
Welcome to the most comprehensive guide for up-to-the-minute Nickel prices in Indonesia. Today, the price of Nickel per 1 Kg stands as an essential metric for the EV battery industry across the region. This dashboard provides instant updates sourced directly from global exchanges, ensuring you have the most accurate pricing in IDR.
In the last 24 hours, the Nickel market in Indonesia has shown notable activity. Investors and industrial buyers are closely watching the 1 Kg price as it reacts to geopolitical shifts in major mining regions. Short-term projections suggest that if EV manufacturing orders remain strong, the baseline LME price could see upward pressure. Conversely, any unexpected supply surpluses might trigger a price correction in IDR.
Current market sentiment for Nickel leans cautiously optimistic. The transition to green energy means long-term usage is virtually guaranteed. Local battery plants in Indonesia are securing inventory to protect from 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
Nickel is heavily used in stainless steel across Indonesia. As electric vehicle adoption expands, the appetite for corrosion-resistant nickel remains exceptionally strong. Tracking the price of Nickel per 1 Kg allows manufacturers to forecast 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 Indonesia
The recycling market for Nickel in Indonesia is highly robust. Since recycling nickel maintains its quality indefinitely, the recycling rate remains tightly correlated to the spot price. Whether you are trading industrial alloys, knowing the live rate per 1 Kg in IDR is essential for maximizing returns.
Frequently Asked Questions (Nickel)
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