China’s nickel sulfate price steady; market sentiment cautious

China’s nickel sulfate price was unchanged in the week to Friday October 29, with minimal spot trading activity reported during the pricing period due to the weaker demand in the downstream precursor ternary market, Fastmarkets heard.

Fastmarkets assessed the price of nickel sulfate, min 21%, max 22.5%; cobalt 10ppm max, exw China, at 35,500-36,000 yuan ($5,552-5,630) per tonne on Friday, unchanged from last week.

The Chinese domestic nickel sulfate price has been unchanged for the past two weeks with only sparse bids and offers heard in the spot market...

Published

Yingchi Yang

October 29, 2021

13:25 GMT

Shanghai