Nickel sulfate, MHP continue gains amid renewed demand

Nickel sulfate prices in the domestic Chinese market continue to rally amid improved demand for the material. This has contributed to an upswing in mixed hydroxide precipitate (MHP) prices on Friday February 17, though international sulfate prices have come under further pressure from a drop in the London Metal Exchange nickel cash price.

Nickel sulfate market well-supported on newfound demand

Nickel sulfate prices in China continued strengthening with newfound demand for refined nickel, with gains extending for the third straight week from early...

Published

Yiwen Ju

Callum Perry

February 21, 2023

10:42 GMT

London, Singapore