Nickel sulfate: On October 23rd, the price of SMM battery grade nickel sulfate index was 32109/ton, an increase Nickel sulfate: On October 23rd, the price of SMM battery grade nickel sulfate index was 32109/ton, an increase of 1 yuan/ton compared to the previous working day. The price of battery grade nickel sulfate was 32000-33000 yuan/ton, with an average price unchanged compared to the previous working day. Despite the decline in nickel prices, the high raw material coefficient still leads to a mentality of salt factories favoring prices. At the downstream precursor end, the current wait-and-see mentality is still heavy, and some companies offer lower prices, resulting in a price difference with the upstream psychological level. The current market activity is still weak, and today's quotation is temporarily stable.of 1 yuan/ton compared to the previous working day. The price of battery grade nickel sulfate was 32000-33000 yuan/ton, with an average price unchanged compared to the previous working day. Despite the decline in nickel prices, the high raw material coefficient still leads to a mentality of salt factories favoring prices. At the downstream precursor end, the current wait-and-see mentality is still heavy, and some companies offer lower prices, resulting in a price difference with the upstream psychological level. The current market activity is still weak, and today's quotation is temporarily stable.
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
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