PRICING NOTICE: Fastmarkets launches nickel sulfate reference prices

Fastmarkets today, Thursday April 1, launches two new reference prices: nickel sulfate, cif China, Japan and Korea, $ per tonne; and nickel sulfate premium, cif China, Japan and Korea, $ per tonne.

The consultation for this price launch began on Monday March 1, 2021, and ended on Wednesday March 31, 2021.

The price specifications are as follows:

MB-NI-0246 Nickel sulfate, cif China, Japan and Korea, $ per tonne
Quality: Accepted by buyer for use in battery applications with chemical composition: Ni content, base 22.3% max, min 22%, cobalt 50ppm max
Quantity: 1 metric tonne
Location: cif main ports China, Japan, Korea (other ports normalized)
Timing: Within 60 days
Unit: US dollars per tonne
Publication: Monthly, first working day of each month, 4pm London time

MB-NI-0247 Nickel sulfate premium, cif China, Japan and Korea, $ per tonne
Quality: Accepted by buyer for use in battery applications with chemical composition: Ni content, base 22.3% max, min 22%, cobalt 50ppm max
Quantity: 1 metric tonne
Location: cif China, Japan and Korea, on top of monthly average LME nickel cash price
Timing: Within 60 days
Unit: US dollars per tonne
Publication: Monthly, first working day of each month, 4pm London time

If you would like to provide price information by becoming a data submitter to these prices, please email Juliet Walsh at pricing@fastmarkets.com. Please add the subject heading ‘FAO: Juliet Walsh, re Nickel sulfate cif CJK $ per tonne, Nickel Sulfate premium cif CJK $ per tonne.’

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

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