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On December 26, the SMM battery-grade nickel sulphate index price was 26,377 yuan/mt, with the quotation range for battery-grade nickel sulphate at 26,000-26,920 yuan/mt, and the average price remained unchanged from the previous day.
Demand side, this week marked the traditional peak for nickel salt procurement, with some inquiries and transactions observed in the market. However, overall activity in the nickel salt market was subdued. Supply side, salt plants continued to stand firm on quotes. Overall, with both buyers and sellers showing weak demand, nickel sulphate prices are expected to remain stable.
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