Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHANGHAI, Aug 8 (SMM) – The prices of battery-grade nickel sulphate stood between 36,400-37,500 yuan/mt as of last Friday, up 1,050 yuan/mt from a week ago. A significant improvement in inquiries and low inventory encouraged nickel sulphate suppliers to raise their offers. Some downstream buyers who were short of raw materials rushed to stock up at higher prices amid bullish sentiment in the nickel sulphate market. The market prices are poised to climb further to 36,500-38,000 yuan/mt this week on the back of tight supply.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn