The tight supply and demand pattern has gradually eased, and the price of nickel sulfate has declined [SMM nickel sulfate daily review]

On April 3, the SMM battery-grade nickel sulfate index price was 30,550 yuan/ton, down 98 yuan/ton from the previous working day, and the price of battery-grade nickel sulfate was 30,400-30,800 yuan/ton, with an average price of 150 yuan/ton lower than the previous working day. At present, the transaction activity has weakened, and the transaction center is low. At present, the downstream acceptance of high-priced nickel sulfate is gradually decreasing, and the transaction price range has moved down as a whole. However, due to the relatively tight spot in early April, the low range was not as low as the high range. A leading enterprise has increased the volume of some nickel sulfate, and the tight spot situation in the market may be gradually reversed, and there is still a downside risk in the subsequent nickel sulfate price.