Nickel has long been widely used in batteries, most commonly in nickel cadmium (NiCd) and in the longer-lasting nickel metal hydride (NiMH) rechargeable batteries, which came to the fore in the 1980s. Nickel usage in batteries is set to increase as it forms an essential component in the cathodes of lithium-ion (Li-ion) batteries utilised in BEVs.
The Fastmarkets nickel long-term forecast leverages our heritage in providing price data and market intelligence in the nickel market. These insights are paired with expert economic modeling and data to provide market participants and investors with unmatched clarity on how the nickel market will evolve in the next 10 years.
But the nickel market itself is in flux as new supply comes online and new methods emerge to expand battery-grade nickel. As well as its use in EV batteries, roughly 70% of global production is for stainless steel – particularly in China.
As a critical component in the battery technology used for electric vehicles, nickel’s strong demand and supply growth have created a volatile commodity market. Uncertainties about the near-term supply-demand balance for the metal have been the primary driver of this volatility, but the long-term outlook for this battery material is strong.
Get up-to-speed with our battery raw material prices, news, trends and forecasts. The price of lithium is falling, but some Western companies have recently announced more investments in the Lithium Triangle – a region of South America comprising parts of Argentina, Chile and Bolivia.
Lithium and spodumene Cobalt Black mass Manganese Graphite Nickel And more commodities used in the production of EVs and batteries, including rare earths, aluminium, copper and steel We continue to expand our coverage as the global BRM market and the needs of the consumer evolve.
Our customers get access to in-depth price data and short- and long-term forecasting and analysis for the following raw materials: Lithium and spodumene; Cobalt; Black mass; …
TrendForce Lithium Battery Research tracks price trends for major products …
Price forecasts for the LME nickel price and the nickel sulfate premium Supply/demand balances for nickel across the 10-year horizon Analysis of the pricing mechanisms used, including the …
Chapter 2, to profile the top manufacturers of Nickel Sulfate, with price, sales, revenue and global market share of Nickel Sulfate from 2019 to 2024. Chapter 3, the Nickel …
Leverage Argus data and tools to perform effective medium-to-long term commodity analysis, including supply/demand, capacity, cost and more. Use our cost breakdown of battery cells …
SHANGHAI, Jan 11 (SMM) - In December 2022, the prices of battery-grade nickel sulphate extended the downward trend in the second half of November. The reasons are as follows. …
To help you navigate this complex market, we aim to bring you reliable, and timely intelligence and analysis on nickel, including both nickel sulfate and mixed hydroxide precipitate (MHP). Regional and product price divergence has been …
Battery-Grade Nickel Sulfate: Ni 22% min (10K RMB/ton) (RMB) 2.73 ( -2.5 % ) Other. 2024/12/09 update. item: Avg: Chg: Process Cost for 6μm Battery-Grade Copper Foil (10K RMB/ton) …
IEA analysis based on material price data by S&P (2023), 2022 Lithium-Ion Battery Price Survey by BNEF (2022) and Battery Costs Drop as Lithium Prices in China Fall by BNEF (2023). …
Nickel-rich cathodes comprised 55% of light-duty EV batteries in 2023 and dominate use cases where high energy density for longer driving ranges is preferred. 1 A …
Read more about Fastmarkets NewGen Nickel Long-term Forecast, which includes price forecasts for the LME nickel price and the nickel sulfate premium, as well as supply/demand …
Leverage Argus data and tools to perform effective medium-to-long term commodity analysis, …
SFA (Oxford) provides regular bespoke lithium-ion battery market intelligence reports on the nickel market as well as in-depth studies on nickel recycling, nickel trade flows and nickel …
Nickel decreased 499 USD/MT or 3.05% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - …
Battery prices; Trends in the electric vehicle industry. ... cobalt and nickel. Rising EV battery demand is the greatest contributor to increasing demand for critical metals like lithium. Battery …
4 · SMM brings you current and historical Nickel Sulfate (Battery Grade) price tables and charts, and maintains daily Nickel Sulfate (Battery Grade) price updates.
With an annual capacity of 240,000 tonnes, the nickel sulfate project in the Obi Islands of Indonesia''s North Maluku province is currently the world''s biggest sulfate project.. …
Chinese nickel sulphate prices fell to a near three-year low in August amid a continued weak downstream demand recovery for nickel cobalt manganese (NCM) cathodes used in electric …
SFA (Oxford) provides regular bespoke lithium-ion battery market intelligence reports on the nickel market as well as in-depth studies on nickel recycling, nickel trade flows and nickel pricing for nickel sulphate and MHP.
Our customers get access to in-depth price data and short- and long-term forecasting and …
TrendForce Lithium Battery Research tracks price trends for major products of China''s li-ion battery industry chain, including lithium, cobalt, nickel, cathode/anode materials, …
To help you navigate this complex market, we aim to bring you reliable, and timely intelligence and analysis on nickel, including both nickel sulfate and mixed hydroxide precipitate (MHP). …
Our quarterly price risk-focused report details factors impacting the lithium, nickel and cobalt markets for the next five years and future battery technology trends. Joining the dots between …
Nickel Sulfate: On September 7, the SMM battery-grade nickel sulfate index price was 31,427 yuan/ton, an increase of 218 yuan/ton from last Thursday. The battery-grade nickel sulfate …