Profits are seriously inverted, and the price of nickel salt is on the rise [SMM Nickel Sulfate Daily Review]

On May 11, the SMM battery-grade nickel sulfate index price was 30,948 yuan/ton, an increase of 220 yuan/ton from the previous working day, and the price of battery-grade nickel sulfate was 30,700-31,200 yuan/ton, with an average price increase of 200 yuan/ton from the previous working day. The spot is tight, but the downstream procurement activity is gradually weakening, and the current supply and demand are weak. Affected by the strong operation of nickel prices after the holiday, the cost of nickel salt raw materials has moved up significantly, and the price sentiment of salt mills is still strong in the face of loss nodes. Affected by the low price of salt plants, the acceptance of purchase prices has gradually increased, so the short-term nickel salt has risen.
[Reprint needs to keep the source - Shanghai Nonferrous Metals Network] Profits are seriously inverted, and nickel salt prices are rising.

For more information, please contact account manager: Zhuoxuanli@smm.cn