Nickel sulfate, MHP prices continue to rally though outlook remains uncertain

Prices for battery-grade nickel diverged in the week to Friday February 10, with domestic Chinese nickel sulfate prices and nickel mixed hydroxide precipitate (MHP) prices rising, while the international nickel sulfate price fell.

Despite the uptrend in some prices, uncertainty remains due to the weak electric vehicle (EV) demand outlook, market sources told Fastmarkets.

Chinese nickel sulfate market continues to rise but...

Published

Yiwen Ju

Callum Perry

February 14, 2023

15:55 GMT

London, Singapore