Nickel Sulfate Supply and Demand Weak

Published: Oct 17, 2023 11:02
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.

On October 16, the SMM battery-grade nickel sulfate index price was 32,236 yuan/ton, an increase of 36 yuan/ton from the previous working day. The price of battery-grade nickel sulfate was 32,100-33,000 yuan/ton, and the average price was 32,100-33,000 yuan/ton. day was flat. 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.

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

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

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