Launch of European nickel sulfate premium assessments

Fastmarkets has launched MB-NI-0253 nickel sulfate, in-whs Rotterdam, $ per tonne and MB-NI-0254 nickel sulfate premium, in-whs Rotterdam, $ per tonne on Friday September 1.

Fastmarkets has launched this monthly premium assessment and price calculation to bring further transparency to the battery raw material supply chain. In particular, these prices will provide the market with further insights into the growing divergence in prices between regions.

The new European nickel sulfate premium assessment will complement the existing suite of Fastmarkets prices for this market, including assessments of the domestic China and cif Japan and Korea markets.

MB-NI-0253 – Nickel sulfate, in-whs Rotterdam, $ per tonne
Quality: Accepted by buyer for use in battery applications with chemical composition: Ni content, base 22.3%, min 22%, cobalt 50ppm max, other impurities 5ppm max (copper, iron, zinc, etc).
Quantity: Min 1 tonne
Location: In-whs Rotterdam
Timing: Within 60 days.
Unit: USD per tonne
Publication: Monthly, first Friday of month, 4pm London time.

MB-NI-0254 – Nickel sulfate premium, in-whs Rotterdam, $ per tonne
Quality: Accepted by buyer for use in battery applications with chemical composition: Ni content, base 22.3%, min 22%, cobalt 50ppm max, other impurities 5ppm max (copper, iron, zinc, etc).
Quantity: Min 1 tonne
Location: In-whs Rotterdam
Timing: Within 60 days.
Unit: USD per tonne
Publication: Monthly, first Friday of month, 4pm London time.

These prices will be part of the Fastmarkets base metals package.

To provide feedback on this European nickel sulfate price, or if you would like to provide price information by becoming a data submitter to this price, please contact Callum Perry by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Callum Perry re: European nickel sulfate price assessments.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology.

What to read next
Fastmarkets will not publish any price assessments for US animal fats and oils; animal proteins; biomass-based diesel; hide and leather; grain and feed ingredients; organic/non-GMO; and vegetable oils on Monday January 20 due to the Martin Luther King Jr. holiday in the US and the consequent closure for the day of the Chicago Mercantile Exchange.
Fastmarkets proposes to discontinue its MB-NI-0141 nickel min 99.8% warrant premium, in-whs North Europe, price assessment.
Fastmarkets proposes to launch two price assessments for nickel warrant premiums for the European market.
Participants in the market for copper scrap and blister in China, the world’s largest importer of copper raw materials, expect there to be fiercer competition for material in 2025, industry sources told Fastmarkets in the week to Thursday January 9.
Fastmarkets proposes to launch monthly price assessments for Polish recycled containerboard, including testliner 2 140 g, testliner 3 140 g and recycled fluting 105 g.
The European steel and aluminium scrap industries urged the European Commission on Wednesday January 15 against taking action to curb scrap exports after domestic industry metals producers backed measures to do just that.