Ways to Calculate MHP Prices

SHANGHAI, Jul 8 (SMM) - At present, the pricing methods of MHP used or under discussion are as follows. 1. SMM prices of battery-grade nickel sulphate minus the processing fee. 2. Multiply SHFE nickel prices by the coefficient. 3. Multiply SMM #1 refined nickel prices by the coefficient. 4. Multiply LME prices by the coefficient or multiply  LME prices by the coefficient, and then plus the premiums. When pricing with reference to LME prices, the two coefficients cannot be confused because of the different calculation methods. The first coefficient is about 70% and the second one stands at around 65%.