SMM battery grade nickel sulfate index price is 27222 yuan/ton, up 259 yuan/ton compared with the previous working day, battery grade nickel sulfate price is 27000-27800 yuan/ton, the average price is up 200 yuan/ton compared with the previous working day. After the Spring Festival, the demand for nickel sulfate continues to be strong before the holiday, the current market inquiry is still relatively active. Affected by the Spring Festival holiday salt plant vacation is not fully back to work, the current nickel sulfate market spot is still tight. Superimposed, raw material MHP coefficient upward to 78-80 high, the cost side support is stronger. Today's nickel sulfate price upward.
![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)

