China’s production of nickel sulphate dropped in April, as higher raw material costs bolstered by a nickel price rally and weak demand forced some producers to suspend production to clear inventories.
The SMM survey showed that 44,500 mt of nickel sulphate, including 39,100 mt of battery-grade materials and 5,500 mt of electroplating-grade materials, was produced in China last month, down 6.88% from a month earlier and 20.54% from a year earlier.