Pre-holiday stocking was launched, and nickel salt prices remained stable

On April 19, the SMM battery-grade nickel sulfate index price was 30,276 yuan/ton, an increase of 1 yuan/ton from the previous working day (caused by automatic weight adjustment), and the price of battery-grade nickel sulfate was 30,100-30,500 yuan/ton, with the average price being the same as the previous working day. At present, the activity of inquiries has picked up, and precursor companies have launched pre-May Day stocking, and the transaction range is mainly low-average discount. In the stage when supply and demand are tight and have not been reversed, nickel salt prices are expected to remain stable.