China’s nickel sulfate prices edge down in wake of LME decline

The price of nickel sulfate in China widened downward in the week to Friday June 18, amid falling nickel prices on the London Metal Exchange, leaving market sentiment cautious, sources told Fastmarkets.

Fastmarkets' price assessment for nickel sulfate min 21%, max 22.5%, cobalt 10ppm max, exw China, was 33,000-34,000 yuan ($5,102-5,256) per tonne on June 18, down by 500 yuan per tonne (0.7%) from 33,500-34,000 yuan per tonne on June 11.

The three-month nickel daily official price on the London Metal Exchange closed at $17,342 on Friday June...

Published

Yingchi Yang

June 21, 2021

08:02 GMT

Shanghai