Nickel Price in 1995
In 1995, the price of nickel averaged $8,228 per tonne, up 29.8% from the year before. This page covers the 1995 average, high, low, and year-end close, the events that moved the market, and what that nickel would be worth in today's dollars.
1995 Average
$8,228
LME annual average, USD/tonne
Change vs 1994
+29.8%
from $6,340 in 1994
What happened to the nickel price in 1995
Nickel averaged $8,228 per tonne in 1995, climbing 29.8% from the $6,340 average of 1994.
Nickel whipsawed through the 1990s on erratic Russian supply and the 1998 Asian financial crisis low near $4,600, ending the decade around $6,000.
Adjusted for inflation, nickel's 1995 average of $8,228 equals about $17,401 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.
Frequently Asked Questions
What was the price of nickel in 1995?
What is a 1995 nickel price worth in today's dollars?
Annual averages are World Bank and LME nickel prices per tonne in US dollars (LME cash and settlement basis). Values before the LME nickel contract launched in April 1979 are producer and reference prices, and the 2025 figure is preliminary. Where daily data exists, the per-year high, low, and close come from MetalCharts historical data. Inflation adjustments use BLS CPI-U annual averages.