SHANGHAI, Jun 26 (SMM) –Before the Dragon Boat Festival, nickel sulphate prices continued their upward trend. An unexpected shortfall in raw materials, coupled with a spike in short-term demand, induced a supply crunch for nickel sulphate, pushing prices upward. Downstream companies, entering their July raw material procurement cycle, had to acquiesce to high-priced raw materials due to a rigid need for inventory restocking, thereby forecasting a rise in nickel sulphate prices.
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