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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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