🇲🇲Live Nickel Price Per 1 Kg Today in Myanmar
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
MMK 39,696,758
$18,914.15
Nickel Futures
Market contract projection
MMK 39,696,758
$18,914.15
Nickel Ingot
Raw B2B manufacturing blocks
MMK 39,696,758
$18,914.15
Per Kilogram (Kg)
Standard metric unit
MMK 39,697
$18.91
Per Pound (lb)
Imperial unit
MMK 18,006
$8.58
Scrap Nickel (Kg)
Recycled alloys & batteries baseline
MMK 39,697
$18.91
Current Nickel Price per 1 Kg in Myanmar
Explore the most comprehensive guide for up-to-the-minute Nickel prices in Myanmar. 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 market data sourced directly from the London Metal Exchange (LME), ensuring you have the freshest pricing in MMK.
In the last 24 hours, the Nickel market in Myanmar has shown interesting fluctuations. 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 industrial demand remain strong, the baseline LME price could see upward pressure. Conversely, any unexpected supply surpluses might trigger a price correction in MMK.
Current investor outlook for Nickel leans cautiously optimistic. The transition to green energy means long-term usage is virtually guaranteed. Local manufacturers in Myanmar are securing inventory to protect from future price spikes. Furthermore, recycling facilities report strong processing volumes, indicating a healthy circular economy that supports the overall pricing structure.
Industrial Nickel Form Analysis & Applications
This vital industrial metal is heavily used in stainless steel across Myanmar. As electric vehicle adoption expands, the demand for corrosion-resistant nickel remains exceptionally strong. Tracking the price of Nickel per 1 Kg enables manufacturers to forecast production overheads 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 Myanmar
The secondary market for Nickel in Myanmar is highly robust. Since recycling nickel maintains its quality indefinitely, the scrap value remains tightly correlated to the spot price. Whether you are trading battery scrap, knowing the current conversion per 1 Kg in MMK is essential for securing the best profit margins.
Frequently Asked Questions (Nickel)
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