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Daily: Nickel sulfate market 2023.4.3

Source: Mysteel Apr 04, 2023 11:24
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Nickel Sulfate Demand Price Supply

Price:

 

 

 

(Unit: Yuan/t)

Product

2023/4/3

2023/3/31

Change

Electroplating nickel chloride crystal

49,000

49,000

0 

Electroplating nickel sulfate crystal

43,750

43,750

0 

Battery-grade nickel sulfate liquid

34,250

36,000

          1,750

Battery-grade nickel sulfate crystal

36,000

37,500

1,500

 

Supply and Demand: 

 

The price of nickel sulfate and raw materials will keep falling due to sufficient supply and lackluster demand. The nickel sulfate manufactures have been forced to cut offering price and reduce production amid overall gloomy profit and overcapacity of the ternary industry chain.

 

Edited by Alex Xie, xiehan@mysteel.com

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