Nickel Sulfate Price Reiview and Forecast
Apr 23, 2024 00:10
The traded prices of nickel sulphate held stable last week, with an average discount of 100 yuan/mt against the SMM nickel sulphate price index. However, as upstream and downstream were in price negotiations, the price index fluctuated largely. The rising nickel prices pushed up costs, but the downstream rejected higher prices as supply and demand tensions eased compared with last month. In addition, the raw material discount coefficient loosened last week, causing the price index to fluctuate.