MHP payables rally on declining LME price; nickel sulfate prices continue to trend lower

Nickel mixed hydroxide precipitate (MHP) prices and payables shifted upward on Friday March 17, after official nickel prices on the London Metal Exchange continued to decline and tight supply of material bolstered outright prices.

Meanwhile, nickel sulfate prices continued to decline in both the cif and domestic China markets.

As a result of the steady decline in LME nickel cash prices, payables for...


Yiwen Ju

Callum Perry

March 21, 2023

12:39 GMT

London, Singapore