Nickel sulfate, MHP prices rise following increased activity

The battery-focused nickel market finally saw an uptick in prices and premiums in the first week of February, following more positive demand signals emerging in China for nickel sulfate.

Domestic Chinese nickel sulfate prices rose, pushing nickel mixed hydroxide precipitate (MHP) payables and outright prices higher. Meanwhile, international nickel sulfate prices also rose due to an uptick in London...