Premiums for nickel plate and briquette in China were flat in the week to Tuesday February 23 amid a lack of spot activity, but the nickel sulfate price in the country rose to a fresh all-time high, with a robust domestic electric vehicle (EV) market providing support.
Premiums in Europe were also unchanged this past week, as were those for briquette in the United States, but US cut cathode premiums fell for the second time this year."It's a quiet market but spot supply is very low, so this may support higher levels, but I've heard nothing. [February is] a short month, with Chinese market...