Nickel Sulfate Prices Maintain Upward Recently

Nickel sulfate: [SMM Daily Review: Cost and fundamental support remain, nickel sulfate prices rose slightly today] On September 7, the SMM battery grade nickel sulfate index price was 31,427/ton, an increase of 118 yuan/ton from the previous working day. , the price of battery-grade nickel sulfate is 31,400-31,800 yuan/ton, an increase of 100 yuan/ton from the previous working day. Currently, there is still demand for procurement at the precursor end and electro-nickel end. Nickel salt production companies are still weak in their willingness to ship because prices are still hovering near the cost line. The current fundamentals still support nickel sulfate prices. The cost side remains relatively high. Nickel sulfate prices maintain an upward trend.

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