Low supply supports Chinese nickel sulfate market to new annual high

September 08, 2020 / www.metalbulletin.com / Article Link

China's nickel sulfate price rose to the year's new high in the week to Friday September 4, with low supply supporting the market level despite LME nickel's plunge on Thursday, sources said.

Fastmarkets assessed the nickel sulfate min 21%, max 22.5%, cobalt 10ppm max, exw China price at 27,000-28,000 yuan ($3,953-4,099) per tonne on Friday, a new annual high, up by 2,500-3,000 yuan per tonne or by 11.1% from 24,500-25,000 yuan per tonne on January 3, 2020.
...

Recent News

Canada second most significant player in global mining M&A

July 22, 2024 / www.canadianminingreport.com

Plenty of potential for continued rotation out of tech

July 22, 2024 / www.canadianminingreport.com

Platinum to palladium ratio low, platinum to gold high, versus history

July 15, 2024 / www.canadianminingreport.com

Gold stocks up on metal and equities gains

July 15, 2024 / www.canadianminingreport.com

Most major metals rebound on potential global monetary easing

July 09, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok