China’s nickel sulfate market quiet amid weak demand

China’s nickel sulfate market was unchanged in the week to Friday November 26 despite high prices for nickel on the London Metals Exchange.

Spot trading activity was minimal during the pricing period due to weak demand for downstream precursor products, sources said.
Fastmarkets assessed the price of nickel sulfate min 21%, max 22.5%; cobalt 10ppm max, exw China at 35,000-36,000 yuan ($5,477-5,634) per tonne on Friday November 26, unchanged from a week earlier.

Although the LME...

Published

Yingchi Yang

November 26, 2021

10:44 GMT

Shanghai