[SMM Analysis] Chinese Buying Interest Strengthens, Drawing Attention to Shifts in Korea’s Nickel Sulphate Export Market
SMM’s Battery-grade Nickel Sulphate, CIF China price remained broadly stable around $3,700/wmt in August, while Chinese buying inquiries for Korean material became more active toward month-end. However, stronger procurement has yet to translate into a clear recovery in ternary downstream demand, leaving the sustainability of the improvement dependent on actual precursor and cathode production growth.