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In July 2023, the growth rate of Nickel Powder exports was remarkable, with a significant 59% increase compared to the previous month. However, the value of exports declined to $28 million in September 2023.
In July 2023, the growth pace of Nickel Powder was remarkably rapid, experiencing a significant increase of 38% compared to the previous month. Moreover, the value of Nickel Powder imports declined to $9.9M in September 2023.
Imports of Nickel Powder dramatically declined to $824K in July 2023.
The price of Nickel Powder in April 2023 was $62,150 per ton (FOB, Japan), showing a 45% increase compared to the previous month.
In January 2023, the nickel powder price stood at $57,832 per ton (CIF, Turkey), increasing by 41% against the previous month.
In value terms, nickel powder imports dropped remarkably to $40M in March 2023.
In September 2022, the nickel powder price amounted to $25.3 per kg (CIF, India), with a decrease of -49.9% against the previous month.
Nickel prices reached a decade high in January 2022, spiking by 12% from a month earlier. Rising global production is set to decrease the average annual nickel price by approx. 4% y/y in 2022.
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