Nickel Price in 2010
In 2010, the price of nickel averaged $21,809 per tonne, up 48.8% from the year before. This page covers the 2010 average, high, low, and year-end close, the events that moved the market, and what that nickel would be worth in today's dollars.
2010 Average
$21,809
LME annual average, USD/tonne
Change vs 2009
+48.8%
from $14,655 in 2009
2010 High
$27,166
from daily trading data
2010 Low
$16,984
from daily trading data
Year-End Close
$24,715
last trading day of 2010
What happened to the nickel price in 2010
Nickel averaged $21,809 per tonne in 2010, climbing 48.8% from the $14,655 average of 2009. Daily trading data shows nickel moved between a low of $16,984 and a high of $27,166 during the year, ending 2010 at $24,715.
Nickel spent the 2010s volatile and generally falling, from over $22,000 in 2011 to a 2016 oversupply low near $9,600, as Indonesian and Chinese pig-iron supply reshaped the market.
Adjusted for inflation, nickel's 2010 average of $21,809 equals about $32,229 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 2010?
What is a 2010 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.