SHANGHAI, Jun 20 (SMM) -Nickel sulphate prices continued the previous week's upward trend, with strengthened price support. The available nickel sulphate in the spot market has been further reduced after half a month's purchase. With depleted inventory at battery cell makers, growing orders for ternary precursors, and the advanced stock cycle, the rigid demand for nickel sulphate has driven up its prices. With more balanced supply and demand, it is expected that the nickel sulphate prices will run between 33,500-34,500 yuan/mt this week.
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