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[SMM data] Nickel Sulfate production in China increased significantly in March due to the severe impact of the epidemic at the beginning of the year.

iconApr 8, 2020 18:01
Source:SMM
In March, the national output of nickel sulfate was 10500 nickel tons, an increase of 62.39% over the previous month and a decrease of 14.72% over the same period last year. Among them, the output of battery grade nickel sulfate is 9300 nickel tons, and that of electroplating grade nickel sulfate is 1200 nickel tons. National nickel sulfate production is expected to rise 6.24 per cent to 11200 nickel tons in April from a month earlier.

In March, the national output of nickel sulfate was 10500 nickel tons, an increase of 62.39% over the previous month and a decrease of 14.72% over the same period last year. Among them, the output of battery grade nickel sulfate is 9300 nickel tons, and that of electroplating grade nickel sulfate is 1200 nickel tons. The larger increase in nickel sulfate production in March was mainly related to the resumption of work in most enterprises in that month. Due to the serious impact of the epidemic in February, the start of work was seriously hindered. In March, the epidemic situation improved, and the resumption of work in nickel sulfate plants and downstream enterprises was obvious. In addition, although the starting situation of nickel sulfate downstream enterprises is lower than that of last year, the demand for nickel sulfate has increased month-on-month compared with February under the influence of this year's epidemic. With the improvement of the domestic epidemic situation month by month and the government's policy of helping enterprises, national nickel sulfate production is expected to rise 6.24 per cent to 11200 nickel tons in April compared with the previous month.

 

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