Price:
|
|
|
(Unit: Yuan/t) |
Product |
2023/3/28 |
2023/3/27 |
Change |
Electroplating nickel chloride crystal |
50,000 |
50,000 |
0 |
Electroplating nickel sulfate crystal |
46,000 |
46,000 |
0 |
Battery-grade nickel sulfate liquid |
36,250 |
36,250 |
0 |
Battery-grade nickel sulfate crystal |
38,000 |
38,000 |
0 |
Supply and Demand:
The price of nickel sulfate will keep falling due to strong supply and weak demand. The nickel sulfate manufactures have been forced to cut prices and reduce production amid overall declining output and demand of the ternary industry chain. Nickel price continued to fall due to the increase supply of MHP in Indonesia. It is expected that the price of nickel sulfate will be easy to fall but hard to rise in the short term.
Edited by Alex Xie, xiehan@mysteel.com