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    Monthly Nickel Market Report Jul 2019

    2019-08-14 18:12:39   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.
    1. Market Highlights

    This month, nickel cathode prices continued to rise due to expectations of downstream stainless steel plants and foreign markets for new energy industry. However, with the price of nickel cathode rising, downstream consumers' wait-and-see attitude has been strengthened, and there are few transactions in the spot market.Asian Metal Copyright However, with the price of nickel cathode rising, downstream consumers' wait-and-see attitude has been strengthened, and there are few transactions in the spot market.Asian Metal Copyright Being bullish on the market, downstream stainless steel plants actively purchased high grade ferronickel, and ferronickel prices rose.

    As downstream clients purchase lateritic nickel ore actively, nickel ore prices rise. Meanwhile, low grade nickel transactions are active, with prices increasing.

    In the battery market, because of the rising price of nickel cathode, the cost of battery grade nickel sulfate has risen and the quotation has been raised. Most downstream consumers are active in purchasing, leading to active transactions.

    .Asian Metal Copyright Most downstream consumers are active in purchasing, leading to active transactionsAsian Metal Copyright
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