Chinese nickel sulfate price stabilizes after 7-week rally; NPI, nickel ore continue to rise

September 15, 2020 / www.metalbulletin.com / Article Link

China's nickel sulfate price was unchanged on Friday September 11, snapping a run of seven straight weeks of gains.

Fastmarkets assessed the price of nickel sulfate min 21%, max 22.5%, cobalt 10ppm max, exw China, at 27,000-28,000 yuan ($3,949- 4,096) per tonne on Friday, flat from a week prior.

There was limited trading activity over the past week, but a lack of spot supply helped support the market despite a decline in the price of nickel on the London Metal Exchange,...

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