Chinese nickel sulfate price stabilizes after 7-week rally; NPI, nickel ore continue to rise

China’s nickel sulfate price was unchanged on Friday September 11, snapping a run of seven straight weeks of gains.

Fastmarkets assessed the price of nickel sulfate min 21%, max 22.5%, cobalt 10ppm max, exw China, at 27,000-28,000 yuan ($3,949- 4,096) per tonne on Friday, flat from a week prior.

There was limited trading activity over the past week, but a lack of spot supply helped support the market despite a decline in the price of nickel on the London Metal Exchange,...

Published

Sally Zhang

September 14, 2020

04:25 GMT

Shanghai