Tag: nickel price forecast 2026
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Global nickel surplus to persist for 3rd consecutive year in 2026
Indonesia drives higher output with low-cost NPI expansion Surplus may persist until 2030 if battery demand stays soft Global nickel markets are expected to see a supply surplus for the third straight year in 2026, projected at a cumulative 256,000 tonnes (t), only slightly lower than the 263,000 t seen in 2025. Notably, global nickel…