🇻🇳Live Nickel Price Per 1 Kg Today in Vietnam
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
₫497,313,563
$18,914.15
Nickel Futures
Market contract projection
₫497,313,563
$18,914.15
Nickel Ingot
Raw B2B manufacturing blocks
₫497,313,563
$18,914.15
Per Kilogram (Kg)
Standard metric unit
₫497,315
$18.91
Per Pound (lb)
Imperial unit
₫225,577
$8.58
Scrap Nickel (Kg)
Recycled alloys & batteries baseline
₫497,315
$18.91
Current Nickel Price per 1 Kg in Vietnam
Explore the most in-depth guide for up-to-the-minute Nickel prices in Vietnam. Today, the price of Nickel per 1 Kg stands as a vital benchmark for the manufacturing sector across the region. This dashboard delivers instant market data sourced straight from global exchanges, ensuring you have the most accurate pricing in VND.
In the last 24 hours, the Nickel market in Vietnam has shown significant movement. Investors and industrial buyers are monitoring the 1 Kg price as it reacts to geopolitical shifts in major mining regions. Short-term projections suggest that if EV manufacturing orders remain steady, the baseline LME price could see upward pressure. Conversely, any mining quota increases might trigger a price correction in VND.
Current investor outlook for Nickel leans towards steady growth. The transition to green energy means long-term usage is virtually guaranteed. Local battery plants in Vietnam are stockpiling inventory to protect from future volatility. Furthermore, recycling facilities report strong processing volumes, indicating a robust circular economy that supports the overall pricing structure.
Industrial Nickel Form Analysis & Applications
This vital industrial metal is widely used in stainless steel across Vietnam. As electric vehicle adoption expands, the appetite for high-purity nickel remains exceptionally strong. Monitoring the price of Nickel per 1 Kg enables investors 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 Vietnam
The secondary market for nickel scrap in Vietnam is highly robust. Since recycling nickel maintains its quality indefinitely, the recycling rate remains closely tied to the spot price. If you are dealing in industrial alloys, knowing the current conversion per 1 Kg in VND is vital for maximizing returns.
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