Nickel (NICKEL) Futures

$16082.50
-62[-0.39%]
as of 2024-07-23
Q

What are nickel contracts?

A

Nickel futures are exchange-traded contracts based on the price of nickel on the open market.

Q

How much nickel is included in a futures contract?

A

A nickel futures contract generally includes 6 tons of metal.

Q

Which industries can benefit from trading nickel futures?

A

Aerospace, defense, chemical, electrical, oil and gas, power and automotive businesses can lock in prices and hedge against inflation with nickel futures contracts.

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