Nickel: seasonality, event history and insights
In October, Nickel has averaged -1.38% and risen in 47% of 34 years (1992 to 2025). We rate the October pattern as no clear pattern.
Latest monthly average: 16,632.36 (2026-07), -5.44% on the month.
Month by month
| Month | Average | Median | Up years | Last 10 years | Best | Worst | Years | Pattern |
|---|---|---|---|---|---|---|---|---|
| January | +4.76% | +6.33% | 71% | +3.88% | +19.03% | -9.12% | 34 | strong |
| February | +2.29% | +2.14% | 69% | +2.05% | +15.26% | -12.14% | 35 | strong |
| March | +0.90% | -1.25% | 43% | +1.78% | +41.26% | -12.87% | 35 | no clear pattern |
| April | +0.79% | -0.17% | 46% | -0.04% | +20.79% | -7.69% | 35 | no clear pattern |
| May | +0.51% | +1.35% | 51% | -0.50% | +17.21% | -15.75% | 35 | no clear pattern |
| June | -2.44% | -3.98% | 29% | -2.30% | +21.11% | -19.76% | 35 | strong |
| July | -0.26% | -0.67% | 43% | -0.86% | +27.20% | -19.62% | 35 | no clear pattern |
| August | +0.63% | -1.33% | 41% | +3.82% | +20.97% | -17.22% | 34 | no clear pattern |
| September | -0.20% | -1.23% | 44% | +0.98% | +12.12% | -10.17% | 34 | no clear pattern |
| October | -1.38% | -0.07% | 47% | -0.74% | +10.45% | -31.70% | 34 | no clear pattern |
| November | -0.50% | -2.02% | 38% | +0.13% | +16.02% | -11.53% | 34 | no clear pattern |
| December | +0.96% | +0.70% | 53% | -0.15% | +17.70% | -14.59% | 34 | no clear pattern |
What drives Nickel
- Stainless steel and EV batteries; Indonesian supply growth has dominated the market.
Sell in May for Nickel
From 1993 to 2025, the November to April half averaged +9.89% and the May to October half -0.37%. The winter half did better in 64% of 33 years. Compare all markets.
Year by year
Latest insights on Nickel
Questions
What is the best month for Nickel?
Since 1992, January has had the highest average move for Nickel at +4.76%, rising in 71% of 34 years. January has the highest share of positive years (71%).
What is the worst month for Nickel?
June has had the weakest average move at -2.44%, rising in 29% of 35 years.
How does Nickel usually do in October?
Nickel has averaged -1.38% in October (median -0.07%), rising in 47% of 34 years. We rate the pattern as no clear pattern.
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