Nickel Price Today: Nickel Holds Near $14,300 as China Data, Oversupply Fears and Fresh Forecasts Hit Sentiment (Dec. 16, 2025)
Nickel prices hovered near multi-month lows on December 16, with LME three-month contracts down 0.2% at $14,310 per tonne and Shanghai nickel hitting a 40-month low of 111,770 yuan. Markets reacted to weak Chinese economic data, thin year-end liquidity, and fresh oversupply warnings from major producers including Nornickel.