Bernstein Raises Nickel Price Forecast for 2026 Amid Improved Market Fundamentals
Bernstein has raised its average nickel price forecast for 2026 from $15,164 to $17,357 per metric ton due to a more balanced global market than previously expected. The firm cited tighter supply dynamics and increased production costs in Indonesia as key factors influencing the revised outlook.
Topics: commodities market fundamentals price forecast supply and demand