Price:
|
|
|
(Unit: Yuan/t) |
|
Product |
Weekly Average |
Change |
|
Electroplating nickel chloride crystal |
42,750 |
750 |
|
Electroplating nickel sulphate crystal |
38,750 |
1,250 |
|
Battery-grade nickel sulphate liquid |
31,750 |
0 |
|
Battery-grade nickel sulphate crystal |
32,500 |
0 |
Supply and Demand:
The demand of downstream ternary precursor manufactures recovered slowly.
The prices of nickel sulphate were capped by the increasing supply caused by production resumption and coming arrivals of Indonesia's exports.
But the retail prices of nickel sulphate were resilient on high cost.
In the short term, the prices of nickel sulfate will be underpinned by relatively high cost as a result of tight supply; but in the long run, it will decline due to the rapid increase in the supply of MHP.
Written by Alex Xie, xiehan@mysteel.com
Edited by Aggie Hu, huchenying@mysteel.com
