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Procurement Resource Evaluates the Price Trends of Nickel in its Latest Insights and Dashboard

Procurement Resource Evaluates the Price Trends of Nickel in its Latest Insights and Dashboard

Price Trends of Nickel in its Latest Insights and Dashboard

Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Nickel price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; Customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of nickel can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.

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Product Description:

A chemical component, with the nuclear number 28 and the symbol N, Nickel is a shiny silvery-white metal with a pale golden tone. It is a transition metal that is both hard and ductile.

Regions Covered to Evaluate Nickel Price Trend:

  • North America
  • South America
  • Europe
  • The Asia Pacific
  • The Middle East
  • Africa

Industrial Uses Impacting Nickel Price Trend:

Nickel is made for alloying elements, coatings, batteries, and a variety of other applications, including kitchen utensils, cell phones, medical equipment, transportation, buildings, power generation, and jewellery. Nickel alloys are utilised for functions such as high-performance alloys, corrosion-resistant alloys, electronic alloys, and heat resistant alloys by end-use industries such as aerospace and military.

Key Market Players:

  • Umicore N.V
  • American Elements
  • Vale S.A.
  • MMC Norilsk Nickel PJSC
  • Jinchuan Group International Resources Co. Ltd
  • Glencore plc
  • PT Timah (Persero) Tbk

News and Events:

Nickel prices were up by 60% in March 2022. The metal climbed beyond USD 10,000 to a 15-year high of USD 40,000 per tonne.

About Us:

Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Claight Corporation
Contact Person: Chris Smiths
Email: sales@procurementresource.com
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Blog – https://procurementresource.blogspot.com/
Website: https://www.procurementresource.com/

Procurement Resource

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts.