In the stage of tight supply and demand, the cost is still strong on the upward driving force [SMM Nickel Sulfate Daily Review]

On March 18, the price of SMM battery-grade nickel sulfate index was 29,968 yuan/ton, an increase of 197 yuan/ton from the previous working day, and the price of battery-grade nickel sulfate was 29,800-30,300 yuan/ton, with an average price increase of 200/ton from the previous working day.

On March 18, the SMM battery-grade nickel sulfate index price was 29,968 yuan/ton, an increase of 197 yuan/ton from the previous working day, and the price of battery-grade nickel sulfate was 29,800-30,300 yuan/ton, with an average price increase of 200/ton from the previous working day. At present, the MHP coefficient is still at a high level, and the LME nickel coefficient is 80-81. The downstream is relatively positive about the preparation and mining of raw materials at the end of March and the beginning of April, so the supply is tight, and the upward driving force of the cost side to the price of nickel salt still exists.