Will China’s nickel sulfate price bottom out amid increased feedstocks, weak demand?

Increased supply of alternative feedstocks, along with weak demand, has caused the China domestic nickel sulfate price to trend down since hitting a record high on April 22.

Fastmarkets assessed the price of nickel sulfate min 21%, max 22.5%; cobalt 10ppm max, exw China at 42,500-43,000 yuan ($6,336-6,411) per tonne on Friday June 10, narrowing down by 1,000 yuan...

Published

Yingchi Yang

Callum Perry

June 16, 2022

13:06 GMT

Shanghai, London