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Exclusive: China's nickel sulphate output jumped 15.69% on the month to 60,500 mt in August

iconSep 8, 2020 11:38
Source:SMM
China’s nickel sulphate output jumped 15.69% on the month and 18.46% on the year, to 60,500 mt or 13,300 mt in nickel content in August.

SHANGHAI, Sep 8 (SMM) — China’s nickel sulphate output jumped 15.69% from a month ago and 18.46% on the year, to 60,500 mt or 13,300 mt in nickel content in August. This included 52,800 mt of battery-grade materials and 7,800 mt of electroplating materials. Operating rates at nickel salts plants increased as profits improved amid recovered downstream demand. In addition, new production lines at a nickel salts plant came online in August.

 

SMM expects China’s nickel sulphate output to rise 9.14% on the month to 14,500 mt (Ni content) in September as demand is likely to increase in a high season.   

Output data
Nickel sulphate
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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