》View SMM Nickel Quotations, Data, and Market Analysis
On February 24, the SMM battery-grade nickel sulphate index price was 26,588 yuan/mt, with the quotation range for battery-grade nickel sulphate at 26,400-27,060 yuan/mt, and the average price remained unchanged from the previous day.
Cost side, LME nickel prices showed a fluctuating trend today. Demand side, this week marks the traditional procurement period for nickel sulphate, and precursor plants have not yet completed their nickel salt inventory for March, leading to inquiries gradually starting this week. Supply side, nickel salt producers, supported by cost factors, currently have no room for price reductions, with quotations remaining unchanged from last week. In summary, considering the weak supply and demand in the market, prices are expected to remain stable this week.
》View SMM Nickel Products Spot Quotations
》Subscribe to View Historical Price Trends of SMM Metal Spot
【For more content, subscribe to SMM Nickel Research Group products, including the "China Nickel-Chrome-Stainless Steel Industry Chain Regular Report" and the "China Nickel-Chrome-Stainless Steel Industry Chain High-End Report," to access the latest data analysis and market insights on nickel ore, NPI (China + Indonesia), refined nickel, nickel sulphate, chrome ore, ferrochrome, and stainless steel (China + Indonesia)!】
