Booming Demand Boosts Chinese Nickel Sulphate Output in Mar

SHANGHAI, Apr 11 (SMM) - Chinese nickel sulphate output stood at 167,800 mt in physical content or 36,900 mt in metal content, up 18.30% on the month and 49.37% on the year. Driven by the demand for nickel sulphate from electrowinning nickel companies, Chinese ternary precursor companies were worried about its future supply and made frequent inquiries. The booming demand boosted the nickel sulphate output, and nickel salt plants accelerated production. Some nickel sulphate enterprises that have signed long-term orders sped up production in the month amid the surging nickel sulphate prices.