SMM Flash: Nickel Sulfate Premium Over Nickel Beans Surpasses RMB 3,000/T, Acid-Soluble Nickel Bean Transactions Absent Amid Tight Spot Market

Published: Sep 19, 2024 14:55

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[SMM Flash] According to SMM on September 19, the premium of SMM nickel sulfate over Grade-A nickel beans has exceeded RMB 3,000 per nickel ton for nearly half a month, meeting the conditions for opening the acid-soluble nickel bean channel. However, due to the scarcity of domestic nickel bean spot goods, there is no acid-soluble nickel bean transaction in the market at present. SMM will continue to keep a close eye on this.

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