Nickel briquette has steadily become a more favored choice of feedstock for Chinese battery-grade nickel sulfate producers in recent months, resulting in a notable pick-up in spot trading activity for the former.
But recent declines in the Chinese nickel sulfate price have raised questions among market participants about whether this trend will continue.Spot demand for nickel briquette had been very quiet for much of the past year, with limited spot buying interest heard. But this changed dramatically late last year following a strong recovery in China's automotive market in the aftermath...