Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Nickel Sulfate Prices Continue to Rise

Nickel Sulfate Prices Continue to Rise

Sep 20, 2023 11:35

Source:SMM

The cost side remains strong with strong support. Fundamentals and cost support continue to strengthen, and nickel sulfate prices continue to rise slightly today.

Nickel sulfate: On September 19th, the price of SMM battery grade nickel sulfate index was 31803/ton, an increase of 96 yuan/ton compared to the previous working day. The price of battery grade nickel sulfate was 31900-32400 yuan/ton, an increase of 100 yuan/ton compared to the previous working day. At present, some enterprises still have a demand for monthly replenishment orders, but the spot availability of nickel sulfate is low, making it difficult to purchase nickel sulfate. Therefore, there is still room for price improvement. The cost side remains strong with strong support. Fundamentals and cost support continue to strengthen, and nickel sulfate prices continue to rise slightly today.

Written by SMM Nickel Research, if you have any questions about the nickel market, please don't hesitate to talk with me Fancyli@smm.cn

Nickel sulfate

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Nickel hydrometallurgy intermediate products in Indonesia saw a production decline due to weather impact, down 12.06% MoM in June [SMM Analysis]

In July 2024, Indonesia's nickel hydrometallurgy intermediate products output was 22,600 mt in metal content, down 12.06% MoM, up 79.37% YoY, with a cumulative YoY increase of 104.78%.

time

Aug 6, 2024 18:32

SMM Nickel Market Morning Comment Fully (Apr 10)

Overnight, the most-traded SHFE nickel contract opened at 137,630 yuan/mt, and closed at 137,090 yuan/mt, up 470 yuan/mt compared with the last trading day. Trading volume increased by 32,962 lots to 222,839 lots, and open interest decreased by 4,638 lots to 85,742 lots. The most-traded SHFE nickel contract fluctuated downward to the lowest point of 135,680 yuan/mt after opening, and rebounded gradually, with the final increase of 0.85%.

time

Apr 10, 2024 10:40

The losses of nickel salt plants deepened last week

There's a shortage of MHP supply, with limited circulation.

time

Mar 19, 2024 00:32

Analysis SMM Comments

The losses of nickel salt plants deepened last week

Stainless steel futures fluctuate in a narrow range! Nickel sulphate trading activity is low.

On February 5, the opening price of the main Shanghai nickel contract was 126,870 yuan/ton and the closing price was 124,860 yuan/ton, down 1,570 yuan/ton from the closing price of the previous trading day. Intraday trading was stronger than the previous trading day, with a volume increase of 70,756 lots and an increase of 5,982 lots.

time

Feb 6, 2024 14:54

Nickel Sulfate Market Weak

From the perspective of downstream precursors, there is currently no obvious raw material gap, and the price of nickel sulfate is still at a relatively high level, so there is a strong wait-and-see attitude. The current market activity is weak.

time

Oct 19, 2023 14:33

Analysis Industry

Nickel Sulfate Market Weak

Nickel Sulfate Supply and Demand Weak

Market activity was still weak at the beginning of the week, with a strong wait-and-see attitude among upstream and downstream players. The current supply and demand of nickel sulfate are weak, and there is no change in today's quotation.

time

Oct 17, 2023 11:02

Analysis Industry

Nickel Sulfate Supply and Demand Weak

Nickel Sulfate Spot Supply Holds Tight

On the supply side, spot goods are tight and salt factories are worried about raw material supply problems, so there is a phenomenon of holding back the goods, and the mentality of supporting prices is getting stronger. On the demand side, downstream inquiries are active, but transaction activity is weak. The psychological price gap between upstream and downstream has widened again.

time

Oct 11, 2023 10:57

Analysis Industry

Nickel Sulfate Spot Supply Holds Tight

Nickel Sulfate Prices Expect to Rise

The current price of nickel sulfate still has room to rise, and prices are expected to continue to rise this week.

time

Sep 25, 2023 11:23

Analysis Industry

Nickel Sulfate Prices Expect to Rise

Nickel Sulfate Price Remains Stable

The current fundamentals and costs still support the price of nickel sulfate, and the price of nickel sulfate remains stable today.

time

Sep 14, 2023 10:24

Analysis Industry

Nickel Sulfate Price Remains Stable

SMM Events & Webinars

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 (10th) China International New Energy Industry Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

MOST POPULAR

1.Benchmarking Analysis Of the Development Direction Of MHP And Nickel Matte

2.Technical Due Diligence Survey Of Nickel Product Unit

3.Long-term Price Forecast Of Nickel Industry

4.Feasibility Study Of Nickel Industry Investment

5.Indonesia Ni Industry Analysis

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.