China’s nickel sulfate price sets new all-time high

The Chinese nickel sulfate price narrowed upward to reach a fresh all-time high in the week to Friday July 23, with the market continuing to find support from limited supply of the raw material mixed hydroxide precipitate (MHP) and strong demand from the electric vehicle (EV) market.

Fastmarkets assessed the price of nickel sulfate min 21%, max 22.5%, cobalt 10ppm max, exw China at 37,000-38,000 yuan ($5,707-5,861) per tonne on July 23, narrowing upward by 1,000 yuan...


Yingchi Yang

July 26, 2021

04:31 GMT