Tag: nickel market outlook

  • LME nickel prices fall to 2026 low amid supply concerns

    LME nickel prices fall to 2026 low amid supply concerns

    Nickel prices declined 3.8% w-o-w Indonesian policies could influence global prices LME three-month nickel prices declined 3.8% w-o-w to $15,625/t on 2 October 2026, from $16,230/t a week earlier, marking the lowest level recorded in 2026. The decline came amid concerns over ample supply and subdued demand from the stainless steel sector. Meanwhile, LME nickel…