Nickel
16,324US$/t▼ 2.5% vs Aug 2026
Latest observation Sept 2026
- Latest
- 16,324
- Change
- +900.9%
- Year on year
- +8.1%
- High
- 52,179 May 2007
- Low
- 1,631 Jan 1960
- Average
- 9,448
- Volatility
- 25.3%
Nickel is 16,324 US$/t (Sept 2026), 900.9% higher than in Jan 1960. Over the last year: +8.1%.
What is this?
The world market price of nickel (US$/t).
Not a significant Mozambican export; relevant to battery-metal demand, like graphite.
How to read it
Higher means the commodity sells for more on world markets.
Unit: US$/t.
Measure: Global benchmark price.
What does the data say?
Nickel is 16,324 US$/t (Sept 2026), 900.9% higher than in Jan 1960. Over the last year: +8.1%.
Over all 801 observations since Jan 1960, the highest was 52,179 (May 2007) and the lowest 1,631 (Jan 1960).
Why does it matter?
- Households: Affects local prices only where Mozambique imports the product.
- Businesses: Exporters earn more when world prices rise; importers pay more.
- Government: Royalties and export taxes move with world prices.
- Investors: Commodity exposure of Mozambique's exports.
- Mobile money: Indirect; mainly through incomes in producing regions.
Observed facts are above; these are possible implications, not measured effects.
What should I watch?
Data source
- Source
- World Bank Commodity Price Data (The Pink Sheet)
- Frequency
- Monthly
- Observations
- 801 (Jan 1960 – Sept 2026)
- Source published
- 2026-10-02
- Last retrieved
- 2026-10-17
- Method
- Monthly average in nominal US dollars. Column "Nickel" ($/mt).
- Limitations
- A world market price, not the price Mozambican producers or exporters actually receive, nor the export unit value in customs data.
- Download
- All stored observations (JSON) · CSV from the chart